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XRP Traders Face Fresh Selling Pressure As Large Holders Move Out
Recent data reveals significant selling pressure on XRP due to large holders moving approximately $50 million per day out of their positions.
Current Price Movements
- XRP experienced a decline from over $3.00 on October 3 to below $2.50 a week later.
- The highest recent price has been $2.83, with current trading around $2.40.
- Over the last seven days, XRP decreased by about 20%, though it remains positive over a 14-day period.
Whale Activity and Market Impact
- On-chain data shows whale flow turned negative, with significant outflows after a previous accumulation phase.
- Large transfers had suggested accumulation during 2022 and early 2023, while 2023-2024 saw increased distribution.
- The most substantial negative reading occurred mid-January 2025 when XRP peaked at $3.4, leading to profit-taking by large holders.
- Currently, there is a sustained net outflow indicating continued distribution.
Market Reaction and Future Outlook
- Continued heavy selling could push XRP towards support levels of $2.20 to $2.50, unless buyers absorb the outflows.
- A weekly close above $3.11 might attract new demand, but requires significant buying to counteract current selling pressures.

Market dynamics remain uncertain, influenced by ongoing whale activity and buyer interest at key price levels.