XRP Whale Accumulation and Rising Liquidity Set Stage for Short Squeeze

XRP has been holding its ground above $1 despite overall market volatility, thanks in part to whale accumulation and rising liquidity.

According to RippleXity, whales have accumulated approximately 380 million XRP, with buying concentrated around the key $1 psychological level. This comes as no surprise given that XRP has maintained a price above $1 for an impressive 632 consecutive days.

The technicals are also starting to favor XRP, as its RSI sits at a neutral 50 level while other major assets like BTC, ETH, SOL, and BNB are already overbought. This disparity suggests that the market may be undervaluing XRP relative to other risk assets.

The growing bullish signals around Ripple are further supported by rising stablecoin flows and XRPL growth. In fact, total stablecoin market cap on XRPL has jumped over 12% in the last 24 hours, adding more than $100 million in net flows and pushing the total market cap closer to the $1 billion mark.