XRP plunged to its lowest level in nearly 15 months, briefly dipping below $1.20 before recovering to trade near $1.44. The sharp sell-off triggered widespread fear among short-term holders, with the token's Liveliness indicator spiking as long-term investors moved tokens back into circulation.

Large holders capitalized on the downturn, with wallets holding 100 million to 1 billion XRP accumulating over 1.6 billion tokens in a week. This buying spree exceeded $2.24 billion at current prices, signaling renewed interest from influential market participants who often stabilize volatile markets by absorbing sell-side pressure.

Despite whale accumulation, long-term holder confidence remains fragile, and derivatives data shows bearish positioning with $399 million in short exposure versus $152 million long. A break below the $1.42 support level could send XRP back toward $1.11, while sustained whale buying might push the price toward $1.91 resistance.