XRP Whales Dump 150M Tokens in 48 Hours as Price Slides

• Large XRP wallets have unloaded another 150 million tokens within 48 hours, adding fresh pressure to the market. On-chain data shows whales holding between 1 million and 10 million XRP have been steadily reducing their positions for weeks, mirroring the coin’s persistent price decline.

• The pattern reveals a clear correlation between whale distribution and XRP’s weakening price action. From early September through early December, both metrics moved in tandem downward, with no significant recovery phases emerging. This synchronized decline suggests major holders aren’t accumulating at current levels—they’re actively reducing exposure.

• The ongoing redistribution from mid-sized whale cohorts historically signals downward momentum. When large wallets consistently move tokens out, it typically precedes periods of heightened volatility and market uncertainty. The current data points to continued strain on support levels as selling pressure mounts.

Wallets holding 1,000,000 to 10,000,000 XRP have been steadily decreasing their balances for several weeks, aligning closely with the persistent drop in XRP price.

• This whale behavior amplifies short-term risks across the board. Reduced holdings from major players tend to shake market confidence, creating conditions where liquidity thins and price swings intensify. Without signs of accumulation from these key participants, near-term sentiment remains cautious at best.

• The data underscores why tracking big-wallet movements matters—these holders directly influence market direction and broader participant behavior. As long as distribution continues without offsetting accumulation, XRP faces headwinds that could extend the current downtrend.

My Take: The whale exit pattern looks concerning for XRP bulls. When major holders reduce positions this consistently without accumulation signals, it usually means more downside ahead. Watch for stabilization in whale balances before expecting any meaningful recovery.

Source: Ali