2025-12-10 06:12:31

XRP has directly broken through $2.31 in the past two days, and the market is hot.

Institutional funds are sweeping goods, and on-chain data is also exploding. At this juncture, many people began to ask: Is this a short-term rise or is it really going to take off?

I have been watching the market for so many years and have seen too many false breakthroughs. But this time is different.

The flow of funds is there, not retail investors playing blindly - the traces of large funds entering the market are obvious. On-chain transfers are surging, exchange reserves are decreasing, a typical hoarding signal.

Of course, rising fast does not mean being stable. A pullback can come at any time.

However, from a technical point of view, if the position of 2.31 can stand firm, the imagination space behind it will open up. A precursor to a bull market? It's still too early to draw conclusions, but at least this wave of market is not groundless.

The data speaks. Keep an eye on the trading volume and position changes in the next few days, and the answer will naturally be there.

XRP-3.48%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
5
Repost
Share

Comment

0/400

MEVHunter

· 12-10 06:42

Exchange reserves are falling, I am familiar with this signal... The big players are quietly laying out In fact, the gas fee optimization path for large transfers in mempool has long been revealed. With so much arbitrage space, robots have long smelled it 2.31 Whether the stand is not stable depends on the next flash loan arbitrage, if there is no sign of a sandwich attack, it is really rising

View OriginalReply0

GateUser-e19e9c10

· 12-10 06:41

The wave of institutional sweeping is real, and there will be drama when it stops on 2.31 Don't rush to brag, the callback will teach you how to be a person in minutes Staring at the on-chain data is much more reliable than listening to people blow it It's risen so fast... It always feels like it's going to fall into a pit, but it's really a little different The signs of big money entering the market are so obvious, retail investors are still struggling with whether to buy or not, laughing to death

View OriginalReply0

CryptoGoldmine

· 12-10 06:41

The on-chain data is indeed telling a story, and I am tracking the decline in exchange reserves, and it is only a matter of time before the ROI space opens

View OriginalReply0

AirdropHunterWang

· 12-10 06:38

Institutions are really eating chips, this wave is different

View OriginalReply0

MetaMaskVictim

· 12-10 06:13

Well, let's enter the market when big money enters, don't be another carnival of the receiver

View OriginalReply0