Will XRP’s Price See a 630% Increase This Time Round?
Martinez recently highlighted that the Market Value to Realized Value (MVRV) ratio for XRP flashed a golden cross, a technical signal that often precedes major price rallies.
The last time this exact pattern appeared, XRP went into an overdrive mood, soaring by 630% in what can be marked as one of its most explosive bullish runs.
An MVRV golden cross signals growing investor confidence as short-term and long-term holder metrics align often depicting a shift from undervaluation to accumulation and hinting at a strong upward price move.
With the same golden cross reemerging and whales aggressively opening long positions, XRP may be on the verge of another major price surge.
As a result, Martinez suggests this could be the early spark of another breakout similar to the last rally that saw XRP soar 630%, potentially propelling it from the present $3.48 to the $21.90 zone.
This prediction aligns with the fact that XRP’s road to $23 recently came to light, thanks to the Valhalla Gate catalyst.
Martinez also noted that XRP could be on track to hit the key $15 level after breaking out of a bullish flag, reinforcing its strong upward momentum as the third-largest crypto by market cap.
Whales Open Massive XRP Longs
As XRP trades at $3.48, whale wallets are quietly but decisively placing huge long bets one worth $1.02 million, the other $1.31 million—signaling growing institutional conviction.
These massive positions are no coincidence and align with several converging bullish factors:
1. Whale Accumulation on Overdrive
According to WhaleTrace, more than 2.2 billion XRP has been moved into large wallets over the past two weeks, pushing futures open interest to a staggering $9.98 billion.
On‑chain records from XRPScan show skyrocketing network activity with XRP whale transfers exceeding $1 billion.
Both metrics not only reflect sheer volume, but also indicate deep-pocketed whales actively positioning ahead of potential supply squeezes.
2. Institutional Tailwinds
Weekly Fund inflows into XRP‑linked vehicles hit $36.1 million last week, according to CoinShares data.
Derivatives metrics echo this trend since perpetual futures open interest reached a new high of $10.98 billion, illustrating institutional positioning.
3. Anticipating the Next Big Move
Whales seems to be setting the stage for the next XRP leg because the $1.02M and $1.31M longs were opened near the $3.44 price level.
Interestingly, this happened just after the surge in network volume and ahead of anticipated technical breakout zones.
With strong on‑chain momentum, technical signals pointing higher, and macro catalysts lining up, these whales may well be positioning for a major rally toward the $4–6 range before the close of the year.
Conclusion
Whales placing massive XRP longs is by design because the more than $1 million bets reflect data-driven conviction, such as surging network activity, robust derivatives positioning, technical breakout setups, and renewed institutional legibility.
With the tide turning in Ripple’s favor, these long positions may well be the bellwether for the next XRP mega‑move with a 630% jump in the picture.
