A major alert from well-known crypto analyst Steph Is Crypto has stirred the XRP community. In a post on X, he announced: “Breaking: Whale just closed a massive $5.68M XRP long. What does he know?” The move immediately caught the market’s attention, raising questions about whether this high-stakes decision signals an impending shift in XRP’s trajectory.
XRP Price Update: Where Things Stand
As of report time, XRP is trading at $3.52, after briefly reaching an intraday high of $3.62 and dipping as low as $3.43. This slight daily decline follows a strong rally, with the token still up more than 20% over the past week and nearly 480% year-to-date.
XRP now commands a market capitalization of over $208 billion, and its 24-hour trading volume exceeds $8.5 billion, reflecting continued market interest and liquidity.
💥 BREAKING:
WHALE JUST CLOSED A MASSIVE $5.68M #XRP LONG.
WHAT DOES HE KNOW??? pic.twitter.com/Mp1WFwcrHF
— STEPH IS CRYPTO (@Steph_iscrypto) July 22, 2025
What the Whale Exit Could Mean
Closing a $5.68 million long position is no ordinary move; it’s a deliberate and calculated action. Whether this whale is securing profits after the recent price surge or anticipating a short-term correction remains to be seen. In crypto, such large-scale position changes are often viewed as signals. When a seasoned player exits the market, it usually means they’ve seen something others haven’t, yet.
Some traders believe the whale is simply cashing in gains as XRP approaches a known resistance zone around $3.60–$3.70. Others speculate the move could be tied to broader market risks or an upcoming shift in momentum.
The Bigger Picture: Bullish Foundation Still Strong
Despite this headline-making exit, XRP’s fundamentals remain solid. Earlier this year, Ripple secured a significant legal victory against the U.S. Securities and Exchange Commission (SEC), gaining clarity that XRP is not a security in secondary market sales.
This outcome paved the way for XRP to be relisted across U.S. exchanges and opened the door for institutional-grade products like XRP-based ETFs.
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On the technical side, XRP has broken out of a long-term triangle pattern. Analysts see the potential for a continued move upward, with near-term targets ranging from $5.80 to $6.00. On-chain metrics show that the majority of XRP holders are now in profit, a key signal that often precedes sustained bullish moves.
Something Is Coming, But What?
The closure of this massive long position might be a short-term headwind, or it could be a savvy whale resetting for an even bigger play. Either way, it adds intrigue to XRP’s current market structure. With rising institutional interest, strong technical momentum, and renewed regulatory clarity, all signs still point toward further upside, though not without pauses along the way.
Steph Is Crypto’s post may be short, but its implications are loud. The market is watching, and as the dust settles, it’s clear: something is coming.
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.
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