XRP, Bitcoin Whales Are Accumulating—Is the Bear Market Nearly Over?

In brief

• CryptoQuant says the largest XRP cohorts are adding supply as price holds the $1.00–$1.20 range, with neutral order flow pointing to quiet absorption.
• XRP's realized price sits near $0.75 versus a market price around $1.10, a gap the firm calls a late-bear-market zone.
• The daily chart tells the same story: a death cross, price below both moving averages, and weak trend strength.

Across some of the crypto market’s biggest assets, including Bitcoin, Ethereum, and XRP, whales are adding to their bags, according to research from CryptoQuant.

Julio Moreno, the company’s head of research, said in a report that these coin’s largest cohorts are adding supply as prices sit near or below their average purchase cost. "This positioning lowers downside pressure and is consistent with the final phase of the cycle's decline," he wrote in the firm's weekly report.

In other words, we might be nearing the tailend of the crypto bear market.

For XRP specifically, CryptoQuant said spot order sizes stay in "big whale" territory even as the token holds the $1.00–$1.20 band, hovering around a $66 billion market capitalization. But the 90-day taker cumulative volume delta—a read on aggressive buying and selling—has drifted to neutral. The firm said that big, low-key buy orders, paired with roughly equal levels of buying and selling pressure, point to a calm accumulation phase—investors are holding steady rather than fleeing, but they haven't started pushing prices higher in earnest either.