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

Varinder Singh
April 6, 2026
Varinder Singh

Varinder Singh

Independent Sr. Journalist
Expertise : Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
XRP Whales Turn More Bullish as Ripple Execs Head to Major XRPL Japan Event

Highlights

  • On-chain data confirms XRP whale flow turns more bullish.
  • XRP price jumps more than 3% amid broader crypto market rebound.
  • Ripple executives set to speak at the XRP Tokyo 2026 conference this week.

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
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.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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