XRP is rebounding sharply as crypto risk appetite returns, according to a new analysis highlighting heavy whale accumulation and surging network activity that signal renewed momentum after a steep sell-off, positioning the token as a market standout.
XRP Rebound Gains Strength as Whales and Network Activity Surge
At 4:12 p.m. on Feb. 6, XRP is trading near $1.50, posting a sharp rebound after an aggressive sell-off earlier in the session. Price has lifted decisively off the intraday low near $1.12 and is now stabilizing just below the $1.46 area, reflecting a strong reaction from buyers after downside momentum peaked. Blockchain analytics firm Santiment shared on social media platform X on Feb. 6 that XRP rebounded sharply from recent lows, supported by heavy whale accumulation and a surge in XRP Ledger activity. The firm stated:
“Since bottoming out below $1.15 just under 18 hours ago, the #4 market cap has now recovered to back above $1.50.”
Santiment described heightened engagement during the sell-off: “Panic sellers should have stopped to notice the massive activity on the XRP Ledger as speculators were discussing whether the coin would fall below $1.00.”
XRP Rebounds as Whale Accumulation and Network Activity Signal Price Reversal
1-day XRP chart on Feb. 6 at 3:29 p.m. via Bitstamp
As of writing, XRP is staging a notable rebound, climbing more than 14% to trade between $1.46 and $1.53. The recovery follows a sharp multi-day decline that pushed the token to a low of $1.13 on Feb. 6, completing a weekly drawdown of roughly 20%. That move was exacerbated by approximately $46 million in liquidations after prices broke below the $1.40 support level. The rebound is being fueled by technical bargain buying after relative strength index readings reached deeply oversold conditions, while improving sentiment ahead of XRP Community Day on Feb. 11 has also contributed to renewed interest.