XRP Price Consolidates Amid Whale Activity Decline

The XRP price has been consolidating between $1.36 and $1.40, as the broader crypto market faces heavy selling pressure. However, derivatives traders remain bullish ahead of the upcoming monthly options expiry.

According to on-chain data from CryptoQuant, whale flow has declined significantly since early May. The Whale Flow 30 DMA metric indicates daily whale accumulation has dropped to nearly 4 million XRP, down sharply from the 9-13 million XRP range recorded earlier this year.

This suggests that large investors are becoming more cautious amid market uncertainty and ongoing crypto market weakness. Analysts note that this does not necessarily indicate a distribution phase, as retail investors appear to be stepping in as whale participation fades.