Significant sell-offs by whale wallets have triggered bearish sentiment for XRP, with large holders liquidating approximately $6 billion worth of tokens in recent transactions. This substantial divestment reflects shifting sentiment among major investors and exerts downward pressure on the asset.
Wallet holders controlling between 1 million to 1 billion XRP reduced their collective holdings from 10 billion to 8 billion tokens, equivalent to roughly $6 billion at current valuations. The scale of this movement indicates concentrated selling activity from pivotal market participants.
The 90-day whale flow moving average transitioned sharply into negative territory, signaling a distribution phase where whales are offloading positions. This technical shift suggests sustained selling pressure from large-scale investors.
Market analysts indicate XRP’s price recovery hinges on two critical factors: sustained positive net whale inflows and a measurable decline in bearish whale activity. Market sentiment remains closely tied to major holders’ trading patterns.
Exchange reserve data shows Binance experienced an outflow of XRP, with reserves declining from 3.009 billion to 2.88 billion tokens. This reduction indicates decreased selling pressure on the exchange as tokens move to private wallets.
Historical patterns reveal that January 2025 saw a sharp increase in whale-driven exchange inflows, coinciding with XRP reaching a new all-time high. This correlation demonstrates whales’ significant influence on price extremes across market cycles.