XRP Whale Just Closed a $10.21 Million Long at $2.56. What’s Coming?

A fresh alert from STEPH IS CRYPTO on X has set the XRP community abuzz: the influencer reports that a major XRP whale has just closed a $10.21 million long position at $2.56. Traders and analysts are now debating what this sudden move could mean for the ￰0￱ report originates with STEPH IS CRYPTO’s ￰1￱ far, no major exchange or blockchain analytics platform has confirmed a single, discrete $10.21 million long liquidation or manual close at exactly $2.56. This does not necessarily disprove the claim—large derivatives positions can be closed through private over-the-counter deals or spread across multiple exchanges—but it does mean that, for now, the trade remains unverified by independent data.

BREAKING: #XRP WHALE JUST CLOSED A $10.21M LONG AT $2.56. WHAT’S COMING?? ￰2￱ — STEPH IS CRYPTO (@Steph_iscrypto) September 16, 2025 Market Backdrop XRP is among the most liquid digital assets, meaning it’s feasible for traders to hold positions worth millions of dollars, given its substantial market ￰3￱ of report time, XRP is trading at $3. Recent trading sessions have seen steady volumes and a modest upward trend, conditions that can accommodate a whale-sized close without necessarily triggering extreme ￰4￱ a Whale Close Matters Large position closures can signal very different things depending on the ￰5￱ the whale voluntarily took profit, the market impact may be limited to a brief liquidity absorption.

If, however, the move was a forced liquidation, it could indicate rising funding pressures or margin calls and might spark a cascade of additional liquidations. XRP’s history shows that concentrated derivatives liquidations can amplify price swings—July’s market turbulence, for example, saw more than $100 million in XRP long positions wiped out within ￰6￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Key Indicators to Watch For traders tracking this story, the next steps are clear: monitor exchange inflows for large XRP transfers, keep an eye on sudden spikes in open-interest data, and watch liquidation trackers for any delayed reports of large long positions being closed.

A lack of corroborating evidence in the coming hours or days would suggest the move occurred off-exchange or was structured in a way that avoided public ￰7￱ Line The only direct source for this reported $10.21 million close is STEPH IS CRYPTO’s social ￰8￱ such a trade is certainly within the realm of possibility for a high-net-worth trader or institution, verifiable proof remains ￰9￱ on-chain data or exchange records confirm it, market participants should treat the claim as a credible lead rather than a confirmed event. Still, the very suggestion of a whale’s strategic exit is enough to keep XRP traders alert, knowing that in this market, large positions—verified or not—can shift sentiment in an ￰10￱ : This content is meant to inform and should not be considered financial ￰11￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰12￱ are urged to do in-depth research before making any investment ￰13￱ action taken by the reader is strictly at their own ￰14￱ Tabloid is not responsible for any financial ￰15￱ us on Twitter , Facebook , Telegram , and Google News