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 market.

The report originates with STEPH IS CRYPTO’s post. So 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? ?

pic. twitter.

com/QcliOsSeQO — 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 liquidity. As 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 volatility. Why a Whale Close Matters Large position closures can signal very different things depending on the motive.

If 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 hours. We 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 detection. Bottom Line The only direct source for this reported $10.

21 million close is STEPH IS CRYPTO’s social post. While such a trade is certainly within the realm of possibility for a high-net-worth trader or institution, verifiable proof remains elusive.

Until 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 instant.

Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion.

Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk.

Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Whale Just Closed a $10.

21 Million Long at $2. 56.

What’s Coming? appeared first on Times Tabloid .