Ripple [$XRP] is consolidating after breaking out of a multi-month trendline after gaining 2% in the past 24 hours, at press time. At the same time, the altcoin’s daily trading volume was down 34%.
Traders are increasingly stacking up long positions as $XRP advances the ledger toward post-quantum computing readiness.
According to Coinbase Markets data, traders established the largest cluster of net-long $XRP positions around the $1.40 level, with open positions totaling roughly $5 million. Meanwhile, the largest concentration of net-short positions was at $1.50, with an estimated value of $22 million.
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This means that 97% of the net-long notional was built up above $1.30. This figure probably explains why $XRP is holding above this level.
Source: Coinbase Markets
Whether traders will continue adding or fold remains uncertain. This is evident from the mixed signals in the U.S. Spot $XRP ETF flows.
In the past 24 hours, the products had a daily net outflow of $104.51K, with only Bitwise and Franklin seeing activity. That is, Franklin clients bought $3.64 million worth of $XRP, while those of Bitwise sold $3.75 million.
Source: SoSoValue
Meanwhile, the DNA Protocol is building post-quantum infrastructure on $XRP Ledger as Google Quantum AI hits 99.99% quantum accuracy. Recently, Algorand [ALGO] got ready for post-quantum threats.
This initiative would help curb security threats that would come about by the advent of quantum computing.
Can $XRP’s breakout hold?
On the charts, $XRP was ranging between $1.28 and $1.57. The range is sitting above a multi-month trendline that has been in place since July 2025. With the price at $1.33, the altcoin is bouncing off a weekly low of $1.28 after pulling back from $1.42.
However, at the time of writing, the MACD was faintly bearish, indicating the correction may be about to end. However, the $XRP/$USDT pair on Binance was seeing capital flight with CMF at -0.20, though the indicator has formed a double bottom.
In fact, whale inflows to Binance have climbed to 1.669 billion $XRP over the past 30 days, as per CryptoQuant. This marked the highest level in seven months, surpassing September’s peak of 1.65 billion tokens.
While these transfers could increase selling pressure, they do not confirm selling.
Source: $XRP/$USDT on TradingView
Therefore, escaping the sideways range puts $2.3668 into focus, as it is the previous lower high (LH). On the other hand, if $1.28 fails to hold as support, it would set the stage for a move to $1, the breakout area.
Final Summary
$XRP’s largest cluster of net long positions was entered at $1.40, above the spot price of $1.31.
$XRP was trading in a sideways range, but whales were sending tokens to Binance, risking a breakdown.