XRP Whales Turn More Bullish as Ripple Execs Head to Major XRPL Japan Event

XRP price set to pick up upside momentum as whale accumulation hits 10-month high ahead of a major event by XRPL Japan. Several Ripple executives are set to attend and speak at the conference this week.

On-Chain Data Reveals Bullish Sentiment Among XRP Whales

XRP price has rebounded 5% from $1.28 again, making it a key support level. This comes amid bullish sentiment among whales while institutional investors remain skeptical amid the ongoing US-Iran war.

CryptoQuant’s on-chain data shows Whale Flow 30DMA rising to a 10-month high, indicating buying activity amid recent crypto market fluctuations. Notably, whales are now accumulating more than 11 million XRP per day.

Whale Flow 30DMA. Source: CryptoQuant

As CoinGape reported earlier, the key whale indicator turned positive after more than three months. The flip signals renewed buying interest among whales. Exchange outflows have also accelerated, reducing major sell-side pressure.

This XRP whale activity mirrors patterns seen before previous rallies and crashes. However, institutions and some whales are holding short positions at $1.35, making it a key level to cross for a potential rally to the $1.40 and $1.60 levels.

XRP price is currently trading at $1.34, with a 24-hour low and high of 1.28 and 1.35, respectively. Trading volume has increased by 72%, supporting further price rebound.

Spot XRP ETFs have pulled in over $41 million in net inflows in 2026. This happened even as XRP price remains nearly 40% down over the past year, highlighting confidence among whales.

Ripple Executives at Major XRPL Event in Japan

Ripple executives have arrived in Japan to attend the XRP Tokyo 2026. The conference is scheduled for April 7, 2026, hosted by XRPL Japan. The event focuses on XRP’s rapid expansion into financial areas such as adoption by institutional investors, RWA tokenization, and DeFi.

Several Ripple executives including Christina Chan, Tatsuya Kohrogi, and Markus Infanger are set to speak at the event. It will also feature Securitize Japan’s Eiji Kobayashi, Evernorth’s Meg Nakamura, SBI Ripple Asia’s Takafumi Shimoyama, and A16z Crypto’s SungMo Park.

Japan holds strategic importance for Ripple and XRP, with longstanding ties through partners like SBI Holdings. Also, Ripple CEO Brad Garlinghouse confirmed growing demand for crypto assets and RLUSD stablecoin by TradFi.

Source: https://coingape.com/xrp-whales-turn-more-bullish-as-ripple-execs-head-to-major-xrpl-japan-event/