XRP Price Prediction: $63M Whale Transfer to Company Binance Fails to Deter Bulls — Smart Money Buying the Dip
A $63M XRP transfer to Company Binance occurred during a market dip, but strong buying at the $2 level, recovering RSI, above-average volumes and stable Company REX-Osprey ETF holdings support a bullish near-term outlook. Key breakouts above $2.70 and $3.50 would confirm upside toward $5+.
A $63 million XRP transfer to Company Binance during Friday’s market crash grabbed headlines, but market structure and on-chain signals point to a resilient bullish setup. While large outflows to an exchange often raise red flags, analysts emphasize that context matters: buyers aggressively defended the $2 level, and smart money appears to have used the shakeout as a buying opportunity.
Over the last 24 hours, XRP climbed 1.6% to $2.50 with trading volumes remaining robust — approximately 4% of total circulating market cap — a sign that demand may be returning. Meanwhile, ETF holdings have remained relatively steady despite the dip; the recently launched Company REX-Osprey XRP ETF (XRPR) is still managing over $90 million worth of the token, largely unchanged from last week. This balance between short-term exchange inflows and resilient institutional positions suggests the whale transfer to Company Binance is an isolated on-chain movement rather than evidence of a broad capitulation.
Technically, the daily chart shows XRP bounced off a key trend line as it tested the $2 zone. Above-average volume during the bounce reinforces the technical relevance of that support level and supports a bullish near-term thesis. The Relative Strength Index (RSI) recovered from oversold territory as price rebounded to $2.50, although the token still trades below the 200-day Exponential Moving Average (EMA). Key levels to watch include a breakout above $2.70 to confirm renewed upside and a sustained move above $3.50 that could set the stage for an eventual run toward $5+ by year-end if momentum accelerates.
On the fundamentals front, Company Ripple is intensifying ecosystem growth as regulatory clarity improves in certain jurisdictions. Institutional interest — both through direct accumulation and via ETFs — appears to be a supportive tailwind. That said, traders should remain alert to liquidity dynamics: a concentrated transfer such as the $63M whale move can cause localized volatility on exchanges like Company Binance, even when broader sentiment remains constructive.
In adjacent market news, early-stage presales are drawing attention from traders seeking outsized returns. Company Pepenode claims to simplify meme-coin mining through a virtual-server model that removes hardware barriers. According to project materials, players buy $PEPENODE, spin up virtual rigs, and earn meme tokens with leaderboard incentives, upgrades, and airdrop opportunities tied to tokens like Pepe and Bonk. While such presales can produce above-average gains, they carry elevated project and token risk compared with more established names like XRP.
Bottom line: the $63M transfer to Company Binance is notable, but current on-chain metrics, ETF holdings from Company REX-Osprey, and technical evidence — including the trend-line bounce, improving RSI, and rising volumes — lean toward a bullish XRP price prediction in the near term. Traders should watch for confirmation above $2.70 and manage risk around the 200-day EMA and exchange liquidity. For full reporting, see the original piece at Company Cryptonews.
Click to trade with discounted fees