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XRP Whales Turn Bullish Ahead of Major XRPL Japan Event as Price Eyes Upside

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XRP price jumped over 3% as on-chain data reveals growing bullish sentiment among whale investors. This comes just days before Ripple executives attend the XRP Tokyo 2026 conference, signaling possible upside for the coin.

Whale Activity Signals Confidence

Recent on-chain data shows XRP whale accumulation hitting a 10-month high. According to CryptoQuant, the Whale Flow 30DMA is rising, indicating that large holders are buying aggressively.

Whale Flow 30DMA. Source: CryptoQuant

Whales are now accumulating over 11 million XRP per day, reflecting renewed buying interest after more than three months. This surge in activity often precedes major price movements.

Currently, XRP trades at $1.34, bouncing from a key support level of $1.28. Trading volume has risen 72%, supporting the potential for further gains. Spot XRP ETFs have also seen $41 million in net inflows this year, showing that confidence among whales remains strong despite a nearly 40% drop over the past year.

Ripple Executives Take Stage in Japan

Ripple executives are heading to Tokyo for the XRPL Japan conference scheduled for April 7, 2026. The event will highlight XRP’s expansion into institutional finance, DeFi, and real-world asset tokenization.

Key speakers include Christina Chan, Tatsuya Kohrogi, Markus Infanger, and other industry leaders from Securitize Japan, Evernorth, SBI Ripple Asia, and A16z Crypto. Ripple CEO Brad Garlinghouse also confirmed increasing demand for XRP and RLUSD stablecoin in traditional finance sectors.

Japan remains a strategic market for Ripple, with long-term partnerships through SBI Holdings. The upcoming conference could further strengthen XRP’s adoption and influence among institutional investors.

XRP Outlook

While whales are accumulating and sentiment is bullish, some institutions and whales maintain short positions around $1.35. Breaking this level could set the stage for a rally toward $1.40 or even $1.60.

With whale activity rising, increased trading volume, and the XRPL Japan event underway, XRP appears poised for potential upside in the near term.

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