XRP News Today: Major Crypto Investors Propel XRP Rally and BTC Short Positions During Market Fluctuations
- XRP surged 5% to $2.56 driven by whale accumulation and bullish technical signals, with analysts eyeing $3.10 if key resistance breaks. - Bitcoin faced bearish pressure as "BitcoinOG(1011)" whale added $140M in BTC shorts, signaling skepticism amid $19-20B market liquidations. - Shiba Inu (SHIB) fell below $0.0000099, breaking a multi-month wedge pattern, with critical support at $0.0000085 under threat. - BlockDAG's $432M presale and Binance's XRP activity highlighted structural shifts in crypto flows,
This past week saw varied movements in the cryptocurrency sector, as
XRP’s recent price surge was underpinned by a spike in trading activity and on-chain transactions, with over 18 million tokens withdrawn from Binance by major investors, tightening supply on exchanges and boosting upward momentum. Technical tools like the Supertrend and TD Sequential supported the bullish outlook, with some analysts eyeing $3.10 as a possible target if resistance is overcome. Still, the asset’s long-term prospects hinge on regulatory developments and greater institutional participation, as noted by
In contrast, Bitcoin struggled to hold its gains, slipping 1.8% to $108,079 as short interest grew and capital inflows slowed. A whale known as "BitcoinOG(1011)", who previously predicted the October 10-11 downturn, transferred $10.8 million in BTC to Kraken, increasing their total short position to $140 million. This move, along with a $19-20 billion liquidation across crypto markets, highlighted a rise in bearish sentiment. Despite this, Binance’s CZ remained optimistic, suggesting Bitcoin could one day overtake gold in total market value.
Shiba Inu’s losses deepened after it broke below a long-term wedge formation, resulting in a 2% decline within a day. With all major moving averages acting as resistance and the RSI dropping under 40,
During this period of volatility, Binance revealed plans for an upcoming AMA (Ask Me Anything) to address user concerns, though specifics have yet to be released. The exchange’s involvement in recent XRP activity—including a 440 million token sale in October 2025—has also come under scrutiny, with analysts emphasizing the close link between large investor actions and price movements.
Wider market trends highlighted by these events include a $21 million liquidation in XRP, a $30 million PIPE investment by Applied DNA, and a $30 million IPO from BGIN Blockchain. The $30 million PIPE deal was covered by
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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