To be honest, no one expected it to come this fast and this strong. But the real question now is: where is this crazy surge actually taking us? Payment activity on the XRP Ledger suddenly skyrocketed by 1100%. Yes, you read that right—11 times higher. This is the second-largest increase recorded in the past 365 days. Sounds explosive at first, but if you look at this number alongside price trends and market structure, the story gets a lot more complicated. The network definitely had a burst of excitement: payment volume and transaction count shot up in an instant, almost reaching the frenzy of the early cycle. But here’s the problem—activity doesn’t equal gains. The XRP candlestick chart makes this very clear: the price is stuck in a clear descending channel, and every time it tries to nudge up toward the 20-50 period moving averages, it gets pushed back down, stalling at the midline. Momentum? Pretty weak. RSI is hovering around 40, and the buying volume on green candles? Nothing special. That recent bounce from the bottom of the channel looks more like a mechanical technical correction—basically an instinctive rebound after hitting trendline support, not a sudden comeback of buyers. So why did the trading volume suddenly explode? Looking back at previous peaks in XRP Ledger activity, there are usually two scenarios: either it’s driven by real, practical demand—like a surge in ODL cross-border settlements or large institutional transactions; or it’s just a lot of noise—often wash trading, automated systems churning to create artificial numbers. Judging by the current situation, this time it looks more like the latter. Don’t get too excited yet—let’s wait and see if this can actually turn into real capital inflows and a price breakout before jumping to conclusions.

XRP ETF clients just scooped up another $38.04M worth of tokens. That pushes the total net assets sitting in these funds to a hefty $922.71 million now. The buying pressure from institutional vehicles keeps stacking up—seems like ETF investors are doubling down on their XRP exposure while the broader market watches these numbers closely.

Do you remember when CZ tweeted to pump ASTER? At that time, a whale shorted ASTER and had already taken profit and left. But this guy's moves on ETH are even wilder—by December 4th, his long position of 52,353.9587 ETH opened at the 3,201 mark actually climbed back up to the entry price. How did he get this position? By rolling over his position. At the peak, this whale accumulated a total of 60,000 ETH, but got force-liquidated by the exchange for 7,648 of them. A few days ago, when ETH plummeted to as low as 2,620, his book loss hit $30 million. The liquidation price? It was initially set around 2,500, but after things started looking bad, he quickly added more margin, dragging the liquidation line down to around 2,340. What’s crazier is, there’s still an XRP long sitting in this account. Calculating it all, at the lowest point, this guy was floating a total loss of $50 million. What was he doing then? Was he still able to sleep? Or is this kind of money just pocket change to him? There’s something strange: he got liquidated for 7,648 ETH, right? Logically, if it wasn’t intentional dumping, then why didn’t other whales go after the remaining 50,000+ ETH? Now he’s even starting to make a $520,000 profit... Could it be like this—he let those 7,648 ETH get force-liquidated on purpose, creating panic, making retail investors think ETH would fall below 2,300, trapping everyone at the bottom, when in reality it was all a setup? This logic sounds shady, but it’s not entirely impossible.