{"id":8111,"date":"2025-11-09T06:00:23","date_gmt":"2025-11-09T06:00:23","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/300-million-worth-of-xrp-on-the-move-where-are-they-headed\/"},"modified":"2025-11-09T06:00:23","modified_gmt":"2025-11-09T06:00:23","slug":"300-million-worth-of-xrp-on-the-move-where-are-they-headed","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/300-million-worth-of-xrp-on-the-move-where-are-they-headed\/","title":{"rendered":"$300 Million Worth Of XRP On The Move \u2013 Where Are They Headed?"},"content":{"rendered":"

The XRP market is experiencing a new wave of large transactions as long-term holders<\/a> adjust their positions. Over $300 million worth of XRP has recently been moved from crypto exchanges, signaling a shift in investor sentiment<\/a>. While such withdrawals often suggest accumulation, current on-chain data present a mixed picture, indicating both opportunity and caution.<\/p>\n

Over $300 Million XRP Exit Crypto Exchanges<\/b>\u00a0<\/h2>\n

According to on-chain data from Glassnode, investors have withdrawn<\/a> more than 140 million XRP, valued at approximately $309 million, from crypto exchanges. At the same time, XRP\u2019s Long-Term Holder Net Unrealized Profit\/Loss (LTH NUPL) chart has revealed a more complex backdrop.\u00a0<\/p>\n

The recent exchange withdrawals indicate a potential accumulation trend, suggesting that selling by long and short-term holders, this renewed accumulation could serve as a brief respite from the downward pressure.\u00a0<\/p>\n

Notably, the LTH NUPL<\/a> indicator has declined<\/a> and is now approaching critical levels around 0.5. This area has been identified as a historical threshold where market optimism tends to give way to weakness. In previous cycles, a drop below the 0.5 level has often led to XRP price corrections<\/a>, as long-term holders began selling and securing profits.<\/p>\n

This cycle appears no different. The LTH NUPL decline indicates that many long-term investors may be entering a distribution phase<\/a>. Despite the bullishness of large-scale withdrawals, the underlying market sentiment remains cautious. A major reason for this could be the widespread liquidation events that occurred in the crypto market over the past few weeks.<\/p>\n

<\/p>\n

Earlier, on October 10, the XRP price flash crashed <\/a>below $1 but retraced back above $2 within 24 hours after $19 billion was wiped out from the market. On November 3, the crypto market experienced another bleed, with about $1.4 billion liquidated<\/a> in a single day. As the market recovers slowly, so does XRP. Its price is currently up 4.78% after falling more than 16% over the past month, according to CoinMarketCap.\u00a0<\/p>\n

XRP Price Eyes $8 Target If Key Support Holds<\/b><\/h2>\n

In a separate analysis, pseudonymous crypto analyst \u2018Cantonese Cat\u2019 has shared<\/a> a bullish outlook using Fibonacci Extensions to project XRP\u2019s next move and long-term trajectory<\/a>. On the monthly chart, XRP is testing the 0.886 Fib level near $2.25\u2014a critical support area that has previously served as a foundation for major upward moves.\u00a0<\/p>\n

Cantonese Cat argues that as long as this level remains intact, XRP\u2019s next impulse could target the 1.272 Fibonacci Extension around $8.29, representing a 260% increase from current levels above $2.3. <\/p>\n

The chart also shows earlier resistance near $3.31, aligning with the 1.0 Fib level. If XRP successfully reclaims this zone, it could confirm its bullish structure<\/a>. The subsequent extensions, highlighted by the analyst at $13.38 (1.414 Fib) and $26.63 (1.618 Fib), represent potential long-term target zones if momentum continues.\u00a0<\/p>\n

Featured image from Storyblocks, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The XRP market is experiencing a new wave of large transactions as long-term holders adjust their positions. Over $300 million worth of XRP has recently been moved from crypto exchanges, signaling a shift in investor sentiment. While such withdrawals often suggest accumulation, current on-chain data present a mixed picture, indicating both opportunity and caution. Over…<\/p>\n","protected":false},"author":1,"featured_media":8112,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[219],"tags":[220,253,51,250,53,254,419,149,148],"class_list":["post-8111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-blockchain","tag-crypto","tag-crypto-market","tag-crypto-news","tag-cryptocurrency","tag-digital-currency","tag-ripple","tag-xrp"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/8111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=8111"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/8111\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/8112"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=8111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=8111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=8111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}