XRP price is poised to gain upward momentum as whale accumulation reaches a 10-month high ahead of a major event by XRPL Japan. Several Ripple executives are scheduled 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 major support level. This comes amid bullish sentiment among whales while institutional investors remain skeptical amid the crisis The ongoing US-Iranian war.
CryptoQuant on-chain data shows the Whale Flow 30DMA rising to a 10-month high, indicating buying activity amid recent volatility in the cryptocurrency market. Notably, whales are now collecting more than 11 million XRP daily.
As CoinGape previously reported, the key Pisces indicator turned positive After more than three months. This face indicates renewed buying interest among whales. Exchange outflows also accelerated, reducing major sell-side pressures.
This XRP whale activity reflects patterns seen before previous highs and crashes. However, institutions and some whales are holding short positions at $1.35, making it a key level to cross for a potential rise to the $1.40 and $1.60 levels.
The price of XRP is currently trading at $1.34, with a 24-hour low and high of 1.28 and 1.35, respectively. Trading volume increased by 72%, supporting further price recovery.
Spot XRP ETFs attracted more than $41 million in net inflows in 2026. This happened even as the price of XRP remained down nearly 40% over the past year, highlighting the confidence among whales.
Ripple executives at the XRPL keynote event in Japan
Ripple executives arrived in Japan to attend the conference XRP Tokyo 2026. The conference is scheduled to be held on April 7, 2026, and is hosted by Japanese company XRPL. The event focuses on the rapid expansion of XRP in financial areas such as its adoption by institutional investors, RWA tokenization, and DeFi.
Several Ripple executives, including Christina Chan, Tatsuya Kuhrugi, and Markus Infanger, are scheduled to speak at the event. It will also feature Eiji Kobayashi of Japan’s Securitize, Meg Nakamura of Evernorth, Takafumi Shimoyama of SBI Ripple Asia, and SungMo Park of A16z Crypto.
Japan is strategically important to Ripple and XRP, with long-standing relationships through partners such as SBI Holdings. also, Brad Garlinghouse, CEO of Ripple, confirmed Growing demand for crypto assets and TradFi’s RLUSD stablecoin.
Next week is Japanese XRP Week.
Starting Monday @XRPLJapan Hosts the XRP Japan Conference. The main event is Tuesday with a strong speaker lineup.
XRP family in the East 🇯🇵.
– Veterinarian (@Vet_X0) April 6, 2026
