Are XRP Whales Selling? Analyzing Latest Transactions

XRP is once again under pressure as whale wallets begin distributing large amounts of tokens across the market. After spending several weeks attempting to reclaim higher resistance levels, XRP has slipped back toward the critical $2 area. The growing wave of whale selling has raised concerns about whether the price can hold this psychological level or if a deeper correction may follow.

At the same time, long-term holders have increased their supply share, offering partial support and slowing the downside momentum. This clash between short-term distribution and long-term accumulation is creating a tug-of-war scenario around the current price range.

This analysis explores the scale of whale selling, the role of long-term holders, and the possible outcomes for XRP in the coming days.

Key Takeaways

• Whales holding 1M to 10M XRP sold more than 390M tokens this week.
• Total selling activity exceeded $783M at current prices.
• Long-term holders increased their supply share from 8.58% to 9.81%.
• Price remains pinned at $2.00, a key psychological and technical support.
• XRP risks falling below $1.94 if selling accelerates.
• Stabilization depends on stronger demand and reduced whale activity.

A Wave of Whale Selling Hits XRP

During the past week, XRP whale wallets have offloaded a significant amount of tokens. Wallets holding between 1M and 10M XRP sold more than 390M tokens, equivalent to about $783M. This is one of the largest weekly outflows from mid-tier whale cohorts in several months.

These wallets often act as liquidity movers. When they distribute massive quantities of tokens, the market faces increased sell-side pressure that can cap upside movement or even trigger corrections.

The latest data suggests that whales may be responding to:

• Failed breakout attempts near resistance
• Weak sentiment across altcoins
• Anticipation of more attractive entry points
• Frustration over lack of momentum

Heavy selling from a group with this much influence typically translates into slower price recovery unless other holder categories step in.

Read Also: XRP (XRP) Price Today | Live Chart & Market Cap

Long-Term Holders Counterbalance Selling Pressure

Despite substantial whale distribution, long-term XRP holders have increased their supply share. Tokens held by the 1-year to 2-year cohort rose from 8.58% to 9.81% in the past week.

This jump indicates that newer long-term holders are choosing to remain committed through volatility.

Their behavior suggests:

• Confidence in the long-range outlook
• A willingness to absorb some of the supply hitting the market
• Reduced sensitivity to short-term fluctuations

These holders act as stabilizers. Their reluctance to sell creates a soft floor under the price, preventing dramatic collapses even when whales are distributing.

XRP Price Faces Critical Pressure Near $2

At the time of writing, XRP sits exactly around the $2.00 mark. This level carries both psychological and technical weight. Over the past week, price action has repeatedly gravitated back to this zone after each failed attempt to break higher.

Observations from the price structure include:

• Repeated rejections above $2.20
• Loss of momentum near key resistance
• Consistent pullbacks toward $2.00
• Stabilizing candles suggesting defensive buying

The market appears undecided, with buyers and sellers locked in equilibrium. However, sustained whale pressure could disrupt that balance.

Will XRP Break Below $1.94?

The $1.94 region stands out as crucial support immediately beneath the current level. If whales continue selling aggressively and demand does not increase, XRP could break down from its consolidation range.

A breach of $1.94 may expose:

• $1.85 as the next major demand zone
• A loss of bullish structure
• A deeper price reset across the market

Such a move would invalidate short-term bullish expectations, forcing traders to re-evaluate XRP’s trajectory heading into the next month.

What Could Stabilize XRP?

For XRP to maintain the $2 range comfortably, several conditions need to align.

Reduced Whale Distribution

Slowing sell-offs from large wallets would ease downward pressure and allow price to stabilize.

Strengthening Demand

A rise in spot buying, inflows from smaller cohorts, or renewed market optimism could absorb excess supply.

Improvement in Market-Wide Sentiment

If global crypto sentiment shifts positively, XRP could benefit from increased liquidity and broader risk appetite.

Why Whales Are Selling

While no single factor explains whale behavior, several possible motivations include:

• Profit-taking after earlier rallies
• Rebalancing portfolios following market volatility
• Anticipation of a broader correction
• Reduced confidence in near-term breakout attempts
• Preparation for potential regulatory changes or macro shifts

Whales tend to react faster to structural changes, and their selling often precedes market adjustments.

The Role of Liquidity During This Phase

Liquidity remains a critical element of XRP’s current situation. Heavy selling requires strong buy-side depth to prevent rapid declines. Long-term holders, although supportive, cannot absorb whale-level volume indefinitely.

If liquidity thins out:

• Volatility may increase
• Price swings could become sharper
• The $2 support may weaken more quickly

A recovery requires balanced liquidity conditions rather than excessive imbalance between holders.

Short-Term Price Outlook

The short-term outlook for XRP depends on whether buyers can counter whale selling effectively.

Bullish Scenario

If demand improves and whales begin reducing sell pressure:

• XRP could reclaim $2.10
• A push toward $2.20 becomes possible
• Consolidation above $2.00 may form a base for future attempts higher

This scenario requires strong absorption of supply and renewed confidence.

Neutral Scenario

If current conditions persist:

• XRP may remain rangebound between $2.00 and $2.20
• Whales continue selling, but long-term holders offset declines
• Price oscillates without a strong directional catalyst

This is the most likely scenario in the short term without major news.

Bearish Scenario

If whale selling increases further:

• XRP may break below $1.94
• A decline toward $1.85 could follow
• Market sentiment may turn more negative

This scenario becomes likely if selling accelerates faster than buyers can absorb.

Final Thoughts

XRP is currently navigating a complex environment shaped by contrasting holder behavior. On one side, whales are distributing aggressively, creating downward pressure near a crucial support level. On the other, long-term holders are adding to their positions, helping prevent a sharp breakdown.

The balance between these forces determines whether XRP holds the $2 level or slips toward $1.94. Traders should closely monitor whale activity, liquidity shifts, and demand strength in the coming days.

XRP remains in a sensitive position. A recovery is still possible, but it requires a slowdown in whale selling and a meaningful return of buyer conviction.

Read Also: Will XRP Be Bullish Again? Analysis with Bitrue

FAQs

Why are XRP whales selling?

Whales may be taking profits, rebalancing portfolios, or anticipating a broader market correction.

How much XRP did whales sell this week?

They sold over 390M XRP, worth around $783M.

What price level is crucial for XRP right now?

The $2.00 zone is key, with $1.94 acting as the next critical support.

Are long-term holders still buying?

Yes, their supply share rose from 8.58% to 9.81% this week.

Could XRP fall below $2?

Yes, especially if selling pressure intensifies and demand fails to keep up.