The 90-day average flow of XRP among large holders, known as ‘whales,’ has recently dropped below zero for the first time since early this year. This shift mirrors patterns observed during the January-February period and indicates increased distribution pressure from major investors.
Negative whale flows signify substantial outflows from these influential holders, raising concerns about potential short-term market instability. Analysts note this trend signals declining confidence among large stakeholders and may destabilize XRP’s price action in the near term.
Market observers emphasize that a sustained reversal would require consistent positive whale flows exceeding 5 million XRP daily. Such accumulation is necessary to rebuild structural market strength, according to on-chain behavior patterns. Current data shows this threshold remains unmet.
The absence of large-holder accumulation weakens XRP’s foundational market structure, reducing the likelihood of strong bullish reversals. Historical evidence consistently demonstrates that whale activity significantly impacts XRP’s price trajectory, making their current distribution behavior a critical indicator for near-future volatility.