XRP Whales Dump 70M Tokens in 48 Hours as Price Struggles

⬤ XRP’s been hitting a wall this week, and big holders are the ones building it. Whales dumped about 70 million XRP in just two days—a move that’s showing up loud and clear in on-chain activity. Santiment charts reveal two different whale groups moving in opposite directions: the massive 100M–1B XRP holders are cutting their bags, while the smaller 10M–100M crew is quietly adding. But the selling from the big guys is winning out, and it’s keeping XRP stuck in neutral.

⬤ The numbers tell the story. That top-tier whale group—the one holding between 100 million and 1 billion XRP—peaked on December 3rd, then dropped hard to around 8.27 billion XRP by December 9th. That’s where most of that 70 million token dump came from. Meanwhile, the mid-size whales have been slowly building their stacks up to about 10.99 billion XRP, with buying picking up after December 6th. But here’s the thing: even with those guys buying, the heavy selling from the top is drowning out any potential momentum. Every time XRP tries to push higher, those whale sales slam the door shut.

⬤ The disconnect between these two groups is creating some seriously choppy conditions. From December 1st through the 9th, you can see it play out in the data—mid-size wallets add a bit, but then the big accounts unload more, and XRP ends up going nowhere. The Santiment chart shows peak after peak getting knocked down, with those larger holders using every little rally as their exit ramp. That’s creating a supply overhang that’s keeping XRP pinned below any meaningful breakout levels, and it’s why price action’s been so compressed lately.

⬤ Because whale behavior basically sets the tone for how XRP trades. When the biggest holders are selling this aggressively, it kills upward momentum and makes it nearly impossible for the price to punch through resistance—even when smaller players are trying to step in. Until that 100M–1B group stops unloading or starts accumulating again, XRP’s probably going to stay in this frustrating range. The market’s watching those wallets closely now, because until distribution eases up, any rally attempts are likely to get shut down fast.