Whales Dump 280 Million XRP in One Week

⬤ Big XRP holders have been quietly reducing their bags over the past week, and the numbers tell the story. Data shows whales sold roughly 280 million XRP during this stretch. Chart analysis reveals wallets holding 1–10 million XRP steadily dropped their balances while prices trended downward.

⬤ Despite brief recovery attempts, XRP’s price structure weakened as whale holdings kept declining. The selling wasn’t a sudden dump—it played out gradually, suggesting methodical distribution rather than panic. During this period, XRP drifted toward the $2.00 mark, clearly showing the connection between whale activity and market direction.

⬤ Whale movements matter in XRP because these holders can shift supply dynamics fast. When 280 million tokens hit the market without matching demand, prices feel the squeeze. The data shows whale reductions often lined up with consolidation phases or fresh downward momentum.

⬤ This selling wave carries weight for XRP’s broader market outlook. When major holders consistently distribute, it affects both liquidity and trader sentiment. Continuous whale selling might signal caution among big players while making the market more sensitive to demand shifts. The good news? On-chain transparency lets traders track these moves in real time, making whale behavior a crucial piece of understanding where XRP stands right now.