XRP ‘distribution’ hits record level as the altcoin trades below $3

CointelegraphPublished on 2025-03-03Last updated on 2025-03-04

Abstract

“With Trump backing $XRP for the U.S. reserve, once it flips this level, It’s game on for price discovery.”

On March 2, XRP registered a massive rally of 34.15%. The price pump came after US President Donald Trump’s announcement that XRP (XRP) would be included in a US strategic crypto reserve alongside Solana (SOL) and Cardano (ADA).

XRP 1-day chart. Source: Cointelegraph/TradingViewHowever, the altcoin retraced 50% of its rally on March 3, and one analyst highlighted that XRP whales are potentially making a move behind the scenes.

XRP whales sell at record levels
With XRP currently 30% below its all-time high, CryptoQuant founder Ki-Young Ju implied that large XRP addresses are potentially cashing out. With the help of XRP’s volume bubble map he highlighted heightened activity between $2 and $3 over the past month.

XRP volume bubble map. Source: X.comWhile high-volume activity can also be synonymous with buyers, Young-Ju stated that the altcoin is currently in a distribution phase.
From a technical perspective, a “distribution phase” describes a stage in the market cycle where major investors gradually sell off their holdings to lock in profits, typically occurring near the height of an uptrend.

XRPL-Whale flows chart. Source: X.comLikewise, Maartunn, a verified onchain analyst, confirmed that XRP is undergoing a distribution phase. With the help of whale flow analysis, the analyst identified that negative whale flows calculated with a 30-day moving average (30-DMA) reached an all-time low level. The analyst added,
“This metric shows the Whale Flow. They are offloading $XRP like never seen before”

XRP Ledger: Exchange Reserve Binance. Source: CryptoQuantMeanwhile, the XRP exchange reserves on Binance also registered a sharp increase from 2.72 billion to 2.90 billion tokens. A rise in exchange reserves indicates higher selling pressure, which aligns with the above development of XRP’s distribution phase.

XRP is in trouble under $2.50, says analystDespite the recent rally, Dom, an XRP market analyst, stated that the altcoin failed to hold an all-time high value of the volume-weighted average price (VWAP) of $2.70.
In order for the trend to sustain any future rally, it is important for the altcoin to hold a position above the $2.50 range.
However, Dami DeFi, a crypto investor believed that XRP’s high time frame (HTF) chart indicates higher high consolidation below key resistance and ascending trendline. The investor added,
“With Trump backing $XRP for the U.S. reserve, once it flips this level, It’s game on for price discovery.”
On the contrary, Matt C, a cybersecurity engineer and Bitcoin proponent, dismissed XRP’s bullish behavior and identified the formation of an inverse head and shoulder for the altcoin. With the relative strength index (RSI) forming lower highs in XRP’s 1-day chart, the Bitcoin enthusiast believed that the altcoin’s current surge is “exit liquidity” for the masses.

Related Reads

Unitree Robotics' IPO Hearing Countdown! Dissecting the 'Ice and Fire' in the Prospectus of the 'First Humanoid Robot Stock'

Unitree Robotics, poised to become China's first publicly listed humanoid robot company, is set for its IPO review on the Shanghai Stock Exchange. Its prospectus reveals a company undergoing a rapid transformation. Once primarily a quadruped robot (robodog) maker, humanoids now account for over half of its revenue as of 2025, with the company selling approximately 5,500 units in that year—reportedly the highest global volume. Current demand, however, is heavily concentrated in research and education (74% of humanoid sales), while commercial and consumer use is largely for promotional "display" purposes. Industrial applications remain limited (~9% of sales), though quadruped robots see more mature use in industrial inspections. A key strength is Unitree's vertically integrated model, self-designing and manufacturing critical components like motors and actuators. This has driven manufacturing costs down and pushed gross margins up to nearly 60%—exceptionally high for a hardware company. Financially, revenue surged 335% to about $252 million in 2025, with the company achieving profitability. Its IPO targets a valuation of $6-7 billion, planning to invest nearly half the raised capital into AI model development. This includes funding for Vision-Language-Action (VLA) and World Model + Action (WMA) models, highlighting its strategic focus on building a software "brain" to complement its hardware leadership and secure a long-term competitive edge. The prospectus showcases Unitree's manufacturing prowess and growth but also underscores the early, niche stage of widespread humanoid robot commercialization beyond academia and demonstration.

marsbit14m ago

Unitree Robotics' IPO Hearing Countdown! Dissecting the 'Ice and Fire' in the Prospectus of the 'First Humanoid Robot Stock'

marsbit14m ago

Tsinghua '00s Alumnus Wang Guan's New Work: Disrupting Transformer Pretraining Models with 1/900 Tokens, 1/432 Compute Power

Tsinghua alumnus Wang Guan's team proposes HRM-Text, a novel pre-training paradigm using a Hierarchical Recurrent Model to replace standard Transformers. With just 1B parameters and 40B unique tokens trained at a cost of ~$1500, HRM-Text achieves performance comparable to 2B-7B open-source models, using up to 900x fewer tokens and 432x less estimated compute. Key innovations include a dual-timescale recurrent architecture for greater effective depth, a task-completion objective training only on answer tokens with PrefixLM masking, and techniques like MagicNorm and Warmup Deep Credit Assignment for stability. Evaluations show strong results on benchmarks like MMLU (60.7%) and GSM8K (84.5%). The work highlights how architectural priors and targeted objectives can lower pre-training barriers, though limitations include knowledge-reasoning coupling, fixed compute per token, and scalability beyond 3B parameters.

marsbit20m ago

Tsinghua '00s Alumnus Wang Guan's New Work: Disrupting Transformer Pretraining Models with 1/900 Tokens, 1/432 Compute Power

marsbit20m ago

IOSG: DeFi at Its Most Critical Moment, The Real Vulnerability Lies Not in the Code

In April 2026, a series of major DeFi exploits—targeting Drift Protocol ($285M), KelpDAO ($292M via bridge), and Wasabi Protocol ($4.5M)—revealed a fundamental security crisis. None involved smart contract code vulnerabilities. Instead, losses stemmed from compromised operational foundations: social engineering of multi-signature signers, a single-point-of-failure bridge validator, and stolen admin private keys. This month, where over $625M was stolen across ~30 incidents, marked the collapse of DeFi's core security premise: that rigorous code audits alone ensure safety. The real vulnerabilities lay in trusted operational components—admin keys, governance councils, and bridge configurations—areas audits typically ignore. The KelpDAO incident triggered an asymmetric domino effect: its $2.92B unsupported token mint caused ~$8.5B in outflows from Aave and a $13.2B total DeFi TVL drop in 48 hours, showcasing how one protocol's operational failure can cascade through composable systems. The article argues that most so-called "DeFi" is actually "OpenFi": permissionless and transparent on-chain, but critically reliant on trusted third parties for key operations. This inherent trade-off between decentralization and operational feasibility is often obscured by marketing. The industry's path forward requires honest disclosure of trust assumptions (like L2Beat's framework), treating operational security as a first-class discipline alongside code audits, and designing systems whose risks can be clearly assessed and insured. The April events were not a code security failure but a breakdown in the mental model surrounding it.

marsbit28m ago

IOSG: DeFi at Its Most Critical Moment, The Real Vulnerability Lies Not in the Code

marsbit28m ago

US Stock Market Signal Master Serenity: Leading Institutions in Low Position Building, Annual Return 3840%

Serenity, an anonymous online trading figure known as the "Stock Call King," has gained significant attention by reportedly achieving staggering annual returns of 3840% in 2026 and 2256% over two years. Operating primarily on social media platform X, he shares free investment insights focused on the AI and semiconductor supply chains. His core strategy, the "Chokepoint" investment theory, involves identifying small, critical "bottleneck" companies within the AI infrastructure that are essential yet undervalued before major institutional investment. Examples include his multi-year call on stock AXTI, which saw gains exceeding 10,000%. Despite his popularity, Serenity's true identity and the specific dollar amounts behind his percentage gains remain undisclosed, leading to some skepticism. Critics question if he manipulates low-market-cap stocks, while supporters see him as disrupting traditional finance by providing free, high-quality research. He advocates against paid communities and emphasizes that his goal is to empower retail investors with information before institutional players act. Whether Serenity represents a genuine market visionary or a sophisticated narrative-driven player remains an open question debated by his followers and observers.

marsbit33m ago

US Stock Market Signal Master Serenity: Leading Institutions in Low Position Building, Annual Return 3840%

marsbit33m ago

The 'Stock Call King' Serenity: 3840% Annual Return, Beating Institutions to the Punch

This article profiles the mysterious stock trader and analyst known as Serenity, who has gained significant influence on social media platform X as a "stock call king." Serenity claims extraordinary annual returns of 3840% for the current year and 2256% over the past two years, primarily by focusing on overlooked companies within the AI and semiconductor supply chains. Operating anonymously, Serenity describes himself as a former Reddit WallStreetBets trader, an AI/semiconductor supply chain analyst, and a former AI research scientist. His core investment strategy, termed the "Chokepoint" theory, involves identifying small, critical bottleneck companies in the AI infrastructure ecosystem—such as those in photonics, substrates, and materials—that are essential yet undervalued. He argues these "invisible champions" become crucial as demand for AI hardware surges, creating significant investment opportunities before large institutions take notice. A frequently cited example is stock AXTI, which he has recommended for over two years and claims has yielded over 10,000% returns. The article notes that while Serenity's free, public posts on X have garnered a large following, his identity and exact portfolio size remain unverified, leading to some skepticism. Critics question if his reported returns are fabricated or if he might be manipulating prices of low-market-cap stocks. Serenity counters that he shares research freely to democratize information, allowing retail investors to benefit before institutional buy-ins, and that percentage returns are more meaningful than disclosing specific dollar amounts. Ultimately, the article presents Serenity as a polarizing figure—either a visionary analyst with a superior research framework or a potentially sophisticated market player. It concludes that the truth of his claims and legacy will only be determined by time.

Odaily星球日报36m ago

The 'Stock Call King' Serenity: 3840% Annual Return, Beating Institutions to the Punch

Odaily星球日报36m ago

Trading

Spot
Futures

Hot Articles

What is XRP 2.0

XRP 2.0: A New Frontier in the Cryptocurrency Landscape Introduction to XRP 2.0 In the ever-evolving realm of cryptocurrency, new projects continuously emerge, vying for attention and adoption. One such promising initiative is XRP 2.0, a novel cryptocurrency project designed to leverage advanced blockchain technology and robust encryption methodologies. While the name draws parallels with Ripple’s XRP, it’s crucial to note that XRP 2.0 operates independently, focusing on enhancing transaction security, privacy, and scalability. As the digital financial landscape increasingly embraces decentralized solutions, XRP 2.0 aims to contribute meaningfully to web3 and the overall expansion of crypto projects. What is XRP 2.0? At its core, XRP 2.0 is a cryptocurrency project that aims to create a secure and decentralized digital currency ecosystem. Its foundational technology integrates sophisticated blockchain principles with cutting-edge encryption techniques. The overarching goal of XRP 2.0 is to establish itself as a reliable and efficient platform enabling swift transaction execution while prioritizing enhanced privacy protections for its users. The project is promoted as a solution to many limitations faced by existing cryptocurrencies, proposing a system that can handle a higher volume of transactions with improved speed and privacy. This versatility positions XRP 2.0 as a significant contender in a marketplace riddled with various digital currencies. Who is the Creator of XRP 2.0? The identity of the creator behind XRP 2.0 has been flagged as ‘Wilbur.’ However, comprehensive details regarding Wilbur or their associated entity remain elusive. The anonymity of many cryptocurrency creators is not an uncommon phenomenon in the industry, often designed to maintain a degree of privacy and security. Who are the Investors of XRP 2.0? As of now, specific information related to the investment foundations or organizations supporting XRP 2.0 is not publicly available. In the cryptocurrency sector, the backing by reputed investors can significantly influence a project's credibility and success, yet the transparency regarding the financial supporters of XRP 2.0 has not been established. How Does XRP 2.0 Work? XRP 2.0 stands out by employing a combination of blockchain technology and advanced encryption algorithms that ensures secure and decentralized transactions. Its innovative structure includes unique features designed to foster user engagement and broaden functionalities beyond conventional cryptocurrency transactions. Among these features, XRP 2.0 incorporates AI-powered capabilities, such as text-to-image and text-to-speech functionalities. These additions are designed to enhance the interactive experience for users, promoting broader applicability across various sectors. By bridging technological advancements with user-centered design, XRP 2.0 aims to capture the attention of a diverse range of individuals and enterprises looking to integrate cryptocurrency solutions into their operational frameworks. Timeline of XRP 2.0 Understanding XRP 2.0 requires examining the milestones that have defined its journey thus far: July 23, 2023: XRP 2.0 is introduced as a novel cryptocurrency project, aiming to revolutionize secure and decentralized transaction capabilities in the blockchain domain. September 8, 2023: The launching of another project, XRP20, occurs, marking the emergence of an ERC-20 token on the Ethereum blockchain that remains unrelated to XRP 2.0. November 13, 2023: The XRP Ledger undergoes a significant update with the release of rippled server software version 2.0.0. It is essential to note that this development is disconnected from the XRP 2.0 cryptocurrency project. Key Points About XRP 2.0 To distill the essence of XRP 2.0, several critical factors emerge: Unique Features: The inclusion of features like AI-powered text-to-image and text-to-speech further diversifies the potential applications of XRP 2.0. Blockchain Technology: The framework utilizes advanced blockchain mechanisms and encryption protocols, ensuring a secure and decentralized environment for transactions. Scalability and Privacy: XRP 2.0 prioritizes enhanced privacy protections in transaction processes and the scalability necessary to accommodate a growing user base. No Affiliation with Ripple: Importantly, despite its name, XRP 2.0 does not have any allegiance or collaboration with Ripple’s XRP, distinguishing its operational framework and objectives within the cryptocurrency ecosystem. Conclusion XRP 2.0 represents an ambitious venture into the cryptocurrency sphere, aiming to offer a combination of security, privacy, and efficiency in digital transactions. By integrating sophisticated technologies and user-friendly features, the project sets out to broaden the horizons of what cryptocurrency can achieve in today's digital economy. While the anonymity of its creator and lack of disclosed investors might raise questions for some, XRP 2.0's focus on advanced functionalities and decentralisation enhances its appeal amidst an increasingly crowded crypto market. As the cryptocurrency landscape continues to evolve, XRP 2.0 may yet emerge as a pivotal player in the expansion of secure and scalable blockchain solutions.

942 Total ViewsPublished 2024.04.01Updated 2024.12.03

What is XRP 2.0

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of XRP (XRP) are presented below.

活动图片

Top Questions