XRP鯨魚停止拋售，標誌著價格變動的新階段

在5月上半年，XRP的價格飆升了20％。最近的鏈上數據表明，XRP鯨的行為發生了重大變化 - 大的錢包容納大量令牌。

In the first half of May, XRP’s price surged over 20%. Recent on-chain data reveals a significant shift in the behavior of XRP whales — large wallets holding a substantial amount of the token.

在5月上半年，XRP的價格飆升了20％。最近的鏈上數據表明，XRP鯨的行為發生了重大變化 - 大的錢包容納大量令牌。

After months of heavy selling, whale wallets have begun to slow their sell-offs. This change brings hope for a new potential rally in XRP.

經過數月的銷售，鯨魚錢包開始減慢拋售。這種變化帶來了XRP中新的潛在集會的希望。

XRP Whales Halt Sell-Offs, Signaling a New Phase in Price Movement

XRP鯨魚停止拋售，標誌著價格變動的新階段

According to CryptoQuant, XRP whales aggressively sold off their holdings in early 2025, pushing net flows deep into negative territory.

據CryptoQuant稱，XRP鯨在2025年初積極出售其持股，將淨流入消極的領域。

It indicates that large investors capitalized on high liquidity and price momentum to exit their positions. Their selling pressure prevented XRP from climbing beyond $3.38 and caused it to plunge over 50%, down to $1.60 in April.

它表明，大型投資者利用高流動性和價格勢頭，以退出其頭寸。他們的銷售壓力阻止XRP攀升至3.38美元以上，並導致它跌至40％以上，降至4月的1.60美元。

However, recent data suggests a shift in momentum.

但是，最近的數據表明動量發生了變化。

Kripto Mevsimi’s analysis shows that large-scale selling has nearly stopped. The 30-day moving average Whale Flow chart reveals an upward trend in net flow bars, which indicates a significant reduction in selling pressure.

Kripto Mevsimi的分析表明，大規模銷售幾乎停止了。 30天移動的平均鯨魚流程圖顯示淨流桿的上升趨勢，這表明銷售壓力顯著降低。

Although this isn’t a full reversal yet, Mevsimi remains optimistic.

儘管這還不是完全的逆轉，但Mevsimi仍然樂觀。

“Whale flow reversals often precede sustainable recoveries. This shift may offer early signal of a base-building phase. Combined with resilient price, this flow inflection is worth watching closely,” Mevsimi said.

Mevsimi說：“鯨魚的流動逆轉通常是在可持續恢復之前的。這種轉變可能會提供基礎建築階段的早期信號。結合彈性價格，這種流動拐點值得密切關注。”

Beyond on-chain metrics, other market indicators also look promising. According to CoinMarketCap, XRP’s daily spot trading volume has more than doubled, exceeding $10 billion, reflecting rising investor demand.

除了鏈度指標之外，其他市場指標也看起來很有希望。根據CoinMarketCap的數據，XRP的每日現貨交易量增加了一倍以上，超過100億美元，反映了投資者的需求不斷上升。

Notably, community sentiment on CoinMarketCap is high. Around 88% of investors expressed a positive outlook on XRP.

值得注意的是，CoinMarketCap上的社區情緒很高。大約88％的投資者對XRP表示了積極的看法。

Additionally, Santiment data reveals an 11% increase in XRP-holding wallets in 2025 alone — proof of growing community interest.

此外，Santiment數據顯示，僅2025年，XRP持有錢包增加了11％，這證明了社區興趣的證據。

Santiment explained this rising interest by pointing to Missouri’s approval of House Bill 594, which eliminates capital gains tax on cryptocurrencies, including Bitcoin and XRP.

Santiment指出了密蘇里州對眾議院第594號法案的批准，解釋了這一不斷上升的興趣，該法案消除了包括比特幣和XRP在內的加密貨幣的資本利得稅。

“If it passes, it would let people in the state deduct all capital gains taxes from profits made on things like Bitcoin and XRP. That means if someone makes money trading these assets, they won’s have to pay taxes on those gains — and that’s major news for crypto investors in the US,” XRP Mining said.

XRP礦業說：“如果它通過對比特幣和XRP等事物的利潤扣除所有資本利得的稅。這意味著，如果有人賺錢交易這些資產，他們就必須對這些收益繳納稅款 - 這是美國加密投資者在美國的主要新聞。”

Analysts Highlight Liquidity as a Key Factor Behind XRP’s Price Movement

分析師將流動性強調是XRP價格變動的關鍵因素

Analyst Dom emphasized the importance of liquidity in a recent X post. He pointed out that liquidity, not just market cap, determines XRP’s breakout potential.

分析師DOM在最近的X帖子中強調了流動性的重要性。他指出，流動性不僅是市值，還決定了XRP的突破潛力。

His research shows that just $61 million in net inflows could boost XRP’s market cap by $16.6 billion. This underscores how sensitive XRP is to liquidity changes.

他的研究表明，只有6100萬美元的淨流入可以將XRP的市值提高166億美元。這強調了XRP對流動性變化的敏感程度。

“…marketcap is irrelevant — all that matters is liquidity,” Dom said.

Dom說：“……市場上的股票無關緊要 - 重要的是流動性。”

With trading volume surging and whale selling pressure easing, XRP appears well-positioned to attract fresh capital.

隨著貿易量飆升和鯨魚銷售緩解壓力，XRP的位置良好，可以吸引新的資本。

However, if Dom’s analysis is accurate, it also serves as a warning. XRP’s market cap could drop just as quickly with only tens of millions in net outflows.

但是，如果DOM的分析是準確的，它也可以作為警告。 XRP的市值可能會迅速下降，而淨流出只有數千萬。