XRP: Retail Investors Exit, Whales Accumulate... Will the 600% Pattern from 2024 Return?

▲ XRP/AI Generated Image

While XRP is stuck below $1.40 and fluctuating, the gap between whale and retail investor positions is once again turning upwards, raising hopes for a short-term rebound.

According to crypto media outlet Bitcoinist on May 26 (local time), XRP continues to show limited movement below $1.40 due to market volatility. However, on-chain indicators show that the Whale Vs Retail Delta, which reflects changes in positions between whales and retail investors, has started to move in a bullish direction again.

CW, a data and crypto analyst at CryptoQuant, stated via X (formerly Twitter) that the Whale Vs Retail Delta has transitioned from a downtrend to an uptrend. This indicator has now risen to the 0.45 level. This means that the proportion of positions held by XRP whales has become very high, interpreted as a signal that the market has entered a phase where large investors have a greater impact on market movements than retail investors.

Bitcoinist reported that the proportion of long positions held by retail investors has decreased. As retail investors exit the market, selling pressure continues, while the increased proportion of whales indicates that future price movements may be more sensitive to the direction taken by large investors. XRP traded around $1.35 after a recent rebound, and buying activity also showed signs of revival.

In another X post, CW analyzed that buying pressure for XRP is appearing in both the spot and futures markets. Net buying is occurring in the futures market, and strong net buying was also observed in the spot market. Notably, buying pressure was most prominent on Binance, the world's largest cryptocurrency exchange, followed by Coinbase. CW claimed that the strongest XRP buying pressure in recent times is currently being observed.

From a technical perspective, a short-term bullish structure was also discussed again. Crypto analyst Coinvo Trading predicted that XRP is on the verge of a significant move based on past price patterns. He cited an instance where XRP surged over 600% after forming and breaking out of a triangular pattern in 2024 on the monthly timeframe chart. He analyzed that the same breakout structure is repeating in 2026, increasing the likelihood of a strong rebound.

While XRP has not yet surpassed the $1.40 resistance, the expansion of whale positions, simultaneous buying in spot and futures markets, and the reappearance of past bullish patterns are fueling debate about the market's short-term direction. Bitcoinist stated that it remains to be seen whether the imbalance between whales and retail investors in the next trading period will lead to the initial stages of a larger upward movement.

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