Linda Jones, a prominent figure in the crypto wealth mentorship space, has recently endorsed the claim that XRP has the potential to generate significant wealth for its holders.
Jones’s response came as an agreement to a statement by technical analyst Steph, who shared a compelling analysis regarding whale activity in the XRP market.
Steph, a well-known chartist, highlighted data from CryptoQuant, showcasing substantial whale engagement with XRP. He asserted in a tweet that “whales are all in on #XRP,” further claiming that holders of the token “are all going to be rich.”
Linda Jones responded with a succinct affirmation, saying, “Yep.” As previously reported by Times Tabloid, Jones projected that XRP could reach $100 per token, a price point that would represent a remarkable 4229% increase from its current level of $2.31
— Linda P. Jones (@LindaPJones) January 9, 2025
Analyzing Whale Transactions with Binance
Steph’s claim is underpinned by data from CryptoQuant showing increased whale transactions involving XRP and Binance, the leading crypto exchange by trading volume. The chart he shared revealed that whale-to-exchange activity for XRP has surged significantly in recent months.
This trend began gaining momentum in late 2024 and peaked in early January 2025. Notably, on January 2, the number of whale transactions to Binance reached 63,968, marking a multi-year high.
Similarly, CryptoQuant reported a significant inflow of 2.73 billion XRP to Binance on January 4. However, 2.87 billion XRP outflowed the same day, effectively neutralizing the inflow.
By January 9, whale activity had tapered, with transactions to Binance falling to 3,305. The corresponding inflow of XRP on that day amounted to 134 million tokens.
Although increased inflows to exchanges from whales are typically perceived as bearish, as they often indicate selling pressure, Steph interpreted the development optimistically. He anticipates that sustained whale interest in XRP will ultimately benefit its value.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Price Trends and Whale Engagement
Recent price movements of XRP seem closely tied to whale activity on Binance. Data suggests a pattern where spikes in whale-to-exchange transactions correlate with increases in XRP’s price, while declines in such transactions align with price dips.
For instance, on December 24, whale transactions to Binance rose sharply to 28,013. On the same day, XRP’s price recovered to $2.32. Conversely, when whale transactions dropped to 770 on December 30, XRP’s price fell below $2.
A similar pattern emerged in January 2025. When whale transactions surged to 63,968 on January 2, XRP’s price climbed to $2.50. However, by January 9, as transactions decreased significantly, XRP’s price declined to $2.20.
Outlook on XRP’s Wealth Potential
Linda Jones’ endorsement of XRP’s potential aligns with broader optimism among some analysts and investors. While whale activity is often a complex indicator, with both bullish and bearish implications depending on the context, the continued engagement of major investors with XRP reflects sustained interest in the token.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on Twitter, Facebook, Telegram, and Google News
