XRP鲸鱼停止抛售，标志着价格变动的新阶段

在5月上半年，XRP的价格飙升了20％。最近的链上数据表明，XRP鲸的行为发生了重大变化 - 大的钱包容纳大量令牌。

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的价格飙升了20％。最近的链上数据表明，XRP鲸的行为发生了重大变化 - 大的钱包容纳大量令牌。

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.

经过数月的销售，鲸鱼钱包开始减慢抛售。这种变化带来了XRP中新的潜在集会的希望。

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

XRP鲸鱼停止抛售，标志着价格变动的新阶段

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

据CryptoQuant称，XRP鲸在2025年初积极出售其持股，将净流入消极的领域。

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，大型投资者利用高流动性和价格势头，以退出其头寸。他们的销售压力阻止XRP攀升至3.38美元以上，并导致它跌至40％以上，降至4月的1.60美元。

However, recent data suggests a shift in momentum.

但是，最近的数据表明动量发生了变化。

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，大规模销售几乎停止了。 30天移动的平均鲸鱼流程图显示净流杆的上升趋势，这表明销售压力显着降低。

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

尽管这还不是完全的逆转，但Mevsimi仍然乐观。

“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说：“鲸鱼的流动逆转通常是在可持续恢复之前的。这种转变可能会提供基础建筑阶段的早期信号。结合弹性价格，这种流动拐点值得密切关注。”

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.

除了链度指标之外，其他市场指标也看起来很有希望。根据CoinMarketCap的数据，XRP的每日现货交易量增加了一倍以上，超过100亿美元，反映了投资者的需求不断上升。

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

值得注意的是，CoinMarketCap上的社区情绪很高。大约88％的投资者对XRP表示了积极的看法。

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

此外，Santiment数据显示，仅2025年，XRP持有钱包增加了11％，这证明了社区兴趣的证据。

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指出了密苏里州对众议院第594号法案的批准，解释了这一不断上升的兴趣，该法案消除了包括比特币和XRP在内的加密货币的资本利得税。

“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矿业说：“如果它通过对比特币和XRP等事物的利润扣除所有资本利得的税。这意味着，如果有人赚钱交易这些资产，他们就必须对这些收益缴纳税款 - 这是美国加密投资者在美国的主要新闻。”

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

分析师将流动性强调是XRP价格变动的关键因素

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.

分析师DOM在最近的X帖子中强调了流动性的重要性。他指出，流动性不仅是市值，还决定了XRP的突破潜力。

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6100万美元的净流入可以将XRP的市值提高166亿美元。这强调了XRP对流动性变化的敏感程度。

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

Dom说：“……市场上的股票无关紧要 - 重要的是流动性。”

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

随着贸易量飙升和鲸鱼销售缓解压力，XRP的位置良好，可以吸引新的资本。

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的分析是准确的，它也可以作为警告。 XRP的市值可能会迅速下降，而净流出只有数千万。