🔊 Big Whale Movement|XRP On-Chain Sudden Large Transaction, Over 2 Million Tokens Changed Hands



Monitoring shows that at 01:49 Beijing time on 04-29, a large active buy occurred in the XRP/USDT perpetual market:

· Quantity: 2,073,600 XRP
· Average transaction price: 1.38 USDT
· Contract type: Perpetual

The current spot price of XRP is approximately 1.377 USDT, roughly in line with the transaction price.

This significant transaction volume may be a signal of institutional/high-net-worth account positioning. Especially in the current market liquidity environment, choosing perpetual contracts over spot for large orders suggests watching for potential arbitrage with spot premiums or directional building positions.

Short-term focus:

1. Whether 1.38 forms a support/turnover zone
2. Whether spot volume follows up
3. Changes in open interest (OI) to determine if it’s a genuine trend

⛓️ Big whale entry, often not noise.
$XRP
XRP-0,5%
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