A recent tweet by crypto enthusiast Radar has drawn attention to the notable action of an XRP whale who bet on a continued rally from current prices.
According to the post, a whale wallet identified by the address prefix 0x2ef7…e6 initiated a significant long position on XRP worth $11.44 million at a price of $3.2979. This trade was recorded at 06:37, as seen in a data chart labeled “Latest Whale Activity,” which Radar included in the post.
The whale’s action was marked as an “Open Long,” indicating an expectation that the price of XRP will increase from the current entry point.
The sheer size of the position, which exceeds $11 million, has generated attention from market observers, especially as the entry price appears well above recent average market prices for XRP, which have remained significantly below the $3.29 level for an extended period. This has led to scrutiny about the legitimacy of the price feed or the source of the trade execution data.
ALERT:#XRP GIANT JUST LAUNCHED A $11.4M BULLISH POSITION AT $3.29.
WHAT’S HIS INSIDE SCOOP?? pic.twitter.com/F7Eggmy4B0
— Radar (@raderevaluate) July 28, 2025
Questions Raised About Price Accuracy and Timing
Radar’s post did not include speculation, but the accompanying image reveals other high-value trades on Bitcoin (BTC), Ethereum (ETH), and HYPE, with comparatively smaller positions. What stands out in the list is the XRP trade, both for its size and the recorded price. The data shows the whale entering at $3.2979.
This price discrepancy has led to speculation about whether this trade occurred on a derivative platform, was the result of thin order book conditions, or potentially reflects an off-market agreement. Regardless of the mechanism, some XRP followers interpret the trade as an aggressive bullish signal.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
Public Reactions and Speculation
Under the tweet, user engagement included skepticism about the trade’s motivation. A reply by an X user, tschando, stated, “Perhaps only an idiot with a lot of money,” suggesting disbelief that any rational person would open such a large long position at that price point unless they possessed specific knowledge unavailable to the general public.
Radar’s post included the statement: “ALERT: XRP GIANT JUST LAUNCHED A $11.4M BULLISH POSITION AT $3.29. WHAT’S HIS INSIDE SCOOP??” suggesting curiosity about whether the whale might be acting on private knowledge or an upcoming market development that has not yet been publicly disclosed. However, no evidence was provided to support such a conclusion.
Whale Activity Tracking Across Multiple Assets
The image used in Radar’s tweet comes from a real-time monitoring tool that tracks whale activity across various digital assets. Other transactions in the chart show long and short positions on BTC, ETH, and HYPE, but none rival the XRP trade in size or price irregularity. Notably, an Ethereum long position worth $7.87 million at $3,931.24 was also recorded shortly before the XRP trade.
The overall context raises questions about the nature of the trading platform and the source of pricing used for this data. If confirmed accurate, the XRP whale’s move could reflect either an isolated trading event with unique circumstances or early positioning ahead of a potential shift in market sentiment.
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 advised to conduct thorough 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 X, Facebook, Telegram, and Google News
