XRP Price Bounces Back – Whales on a Spending Spree?

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Two days ago, XRP was teetering on the brink of a $1 meltdown, crypto’s version of a soap opera where the plot twists faster than a trader’s portfolio. The altcoin dipped to $1.16, its saddest number since November 2024-because apparently, it forgot how to celebrate New Year’s resolutions.

But lo! While the crypto market blinked and suddenly remembered it had a pulse, XRP decided to throw a comeback party. According to a crypto analytics firm (read: people who probably charge $300 an hour to say “duh”), the resurgence isn’t just luck-it’s a whale-sized heist. Yes, the big players are back, and they’re throwing around their digital cash like it’s confetti at a blockchain prom.

Whales: Crypto’s Elite, Still Broke But Broke in the Best Way

On February 6, Santiment took to X (formerly Twitter) to drop a truth bomb: “Panic sellers should’ve noticed the XRP Ledger was busier than a Starbucks on Black Friday.” Because nothing says “I’m not panicking” like buying 1,389 $100k whale transactions during a dip. Clearly, these whales are just slumming it with the small-time traders now.

Santiment added, via their very professional social media presence:

“Panic sellers should have stopped to notice the massive activity on the XRP Ledger as speculators were discussing whether the coin would fall below $1.00.”

Because nothing calms the nerves like whispering “this is fine” while your assets combust.

XRP briefly clawed back to $1.5, thanks to the return of “fresh buying momentum”-a phrase that sounds suspiciously like “people who forgot they had money.” Santiment insists the whales did it, but let’s be real: if a whale can’t be trusted to hold their crypto, who can?

On-chain data reveals a “not-so-subtle” whale accumulation spree. Santiment’s numbers show 1,389 whale transactions worth $100k each during the dip-the highest volume in four months. Because nothing says “I’m a whale” like spending $100k on a coin that’s been dead for six months. Classy.

Meanwhile, the XRP Ledger’s unique addresses hit 78,727 in an 8-hour window, a six-month high. Santiment called it “significant,” which is crypto-speak for “we’re still pretending this isn’t a ghost town.”

So, will XRP finally break out of its bear market funk? Maybe. Or maybe this is just another “relief rally”-crypto’s version of a temporary facelift. Either way, investors are advised to “approach with caution,” which is code for “don’t bet your kid’s college fund on this.”

XRP Price: A Love Story That Ends in Divorce Court

As of this writing, XRP is at $1.46-a 24% bounce. But let’s not get carried away: it’s still down 16% this week. Because nothing says “bullish trend” like a 24-hour rebound followed by a reminder that you’re still underwater. Don’t worry, though-crypto’s a rollercoaster. You just have to wear a seatbelt made of hope and caffeine.

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2026-02-07 21:51