The XRP Whale spread vs. Retail 30 days fell to 89.3%, the lowest level seen since 2024.
Whale-sized transfers still dominate Binance XRP outflows, accounting for approximately 94.6% of activity. Retail transfers only represent about 5.4%.
This is not a reversal of control. Whales remain the main force behind currency outflows; they will likely continue to influence liquidity and price direction. However, the decline in the spread shows that retail activity is no longer negligible.
A magic switch? Ripple CTO Emeritus says…
Theories of price manipulation are being questioned within the ecosystem, so this comes at an interesting time.
David Schwartz, CTO Emeritus of Ripple and one of the main architects of the XRP Ledger, recently rejected the idea that Ripple has a hidden mechanism to drive up the price of tokens.
Even though we are not transparent about everything, we are not hiding a big conspiracy. At least not to my knowledge.
His argument was that if there was a real chance that XRP would reach extreme prices through an internal trigger, the markets would already reflect that possibility.
He also pushed back against the idea that token burns can reliably create long-term price gains, citing Stellar’s large 2019 burn as an example.
No rashes yet
With the “magic change” narrative aside, XRP’s next move returns to the chart.
XRP was trading near $1.39 at press time, up about 1.9% on the day, after rebounding from the recent low near the $1.35-1.36 area. Buyers are still defending near-term support.
The rhythm has not yet completely returned. The RSI was around 49.5, still below its average near 52.3, signifying a neutral setup. The MACD was also below its signal line, with the histogram still negative.
This seems like an early recovery attempt. For XRP, a move above the $1.40 to $1.45 area would be the key level to watch next.
Final Summary
- Whale/XRP Retail Price Gap Falls to 89.3% as Ripple CTO Emeritus Dismisses XRP “Price Manipulation” Theories.
- The focus is once again on prices and demand.
