On March 17, 2026, the XRP price rebounded above $1.50. This price level itself is not particularly special, but rather the time window it occupies is significant—with only two weeks remaining until April 3, the market-anticipated signing window for the CLARITY Act (Clarity for Digital Asset Markets Act), while just two weeks prior, on-chain data showed that whale addresses had sold more than 200 million XRP. The price recovery and large holder liquidation occurring simultaneously point to a question: what is the current market actually pricing in? Is it the regulatory dividend after legislation passes, or the liquidity exit after positive catalysts materialize? Why Whales Choose to Reduce Holdings at Lower Price Levels On-chain data reveals a counterintuitive phenomenon: as XRP declined from its $2.40 high to the $1.40 range, addresses holding between 1 million and 10 million XRP out

The cryptocurrency analyst egrag crypto has presented a revealing perspective on how to interpret price patterns in XRP. According to egrag crypto, the key to navigating volatile markets does not lie solely in recognizing visual symmetry, but in understanding the critical relationship between supply and demand.