{"id":65724,"date":"2025-05-12T14:34:29","date_gmt":"2025-05-12T14:34:29","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=65724"},"modified":"2025-05-12T14:34:29","modified_gmt":"2025-05-12T14:34:29","slug":"ripple-xrp-price-rockets-to-2-month-high-after-curious-whale-activity","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=65724","title":{"rendered":"Ripple (XRP) Price Rockets to 2-Month High After Curious Whale Activity"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Ripple\u2019s price has gone on a tear once again as the asset shot above $2.6 for the first time since early March.
\nThis came after a whale with a good win record opened a substantial long position worth almost $12 million.<\/p>\n

<\/a><\/p>\n

CryptoPotato<\/em> reported<\/a> just a couple of days ago that XRP\u2019s price had underperformed compared to other larger-cap alts like ETH and DOGE, which registered massive gains in the past week or so.<\/p>\n

At the time, Ripple\u2019s token stood at around $2.4 after a minor 9% weekly increase (again \u2013 compared to others), but the SuperTrend indicator flashed a buy signal with a price target of $2.6. XRP indeed skyrocketed to and beyond that level hours ago, reaching $2.67 (on Bitstamp) for the first time in over two months.<\/p>\n

<\/a>XRPUSD. Source: TradingView<\/p>\n

This 10% daily surge made XRP the third-largest cryptocurrency by market cap, a position that it continues to swap with USDT as volatility is still kicking in at press time.<\/p>\n

This impressive increase came just hours after Lookonchain reported about a big whale who had opened a whopping $12 million 2x long position on XRP. The same entity recently went long on ETH as well, and sat on an unrealized profit of $10 million at the time of the post.<\/p>\n

The whale went long on $ETH<\/a> right at the start of its rally and is now sitting on an unrealized profit of over $10M.<\/p>\n

He opened a new 2x long on $XRP<\/a> 8 hours ago, with a position of nearly $12M and an unrealized profit of $261K.https:\/\/t.co\/vfdxjFvrkE<\/a> pic.twitter.com\/Rs1ZlwEAuL<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) May 12, 2025<\/a><\/p>\n\n

Popular reps of the XRP army quickly picked up the asset\u2019s move before its minor retracement, and highlighted<\/a> the next target ($3) if it is to decisively overcome the $2.6 resistance.<\/p>\n

The post Ripple (XRP) Price Rockets to 2-Month High After Curious Whale Activity<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Ripple\u2019s price has gone on a tear once again as the asset shot above $2.6 for the first time since early March. This came after a whale with a good win record opened a substantial long position worth almost $12 million. CryptoPotato reported just a couple of days ago that XRP\u2019s price had underperformed […]<\/p>\n","protected":false},"author":0,"featured_media":65725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-65724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/65724"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65724"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/65724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/65725"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}