XRP Shows Growing Upside Momentum Through The Whale Vs Retail Delta – What’s Next?

As of today, the proportion of long positions held by retail investors is low, indicating ongoing selling pressure as these players exit the market. This metric is one that is closely watched by market participants due to the fact that it can determine whether institutional-sized players or smaller traders are driving price action.

However, given the high percentage of whales and the low percentage of retail investors, it appears that the impending rally will likely follow the desire of whales. The coming sessions will determine whether this growing imbalance will trigger the early stages of a broader bullish move for the altcoin.

Data shows that net buying is taking place in the futures market, and net buying in the spot market is also strong, reflecting renewed conviction among investors. The heightened buying action is heavily observed on Binance, the largest cryptocurrency exchange, followed by Coinbase. CW claims that the strongest XRP buying pressure in recent times is taking place.

In the monthly time frame chart, the token witnessed an expansion of over 600% after a takeout and the formation of a triangular pattern in 2024. The move ultimately kick-started the bull market phase as the crypto market turned highly positive during the period.