XRP Whales Sold 220 Million – How Will This Impact Price?

  • XRP whales sold 220 million tokens worth $305 million over nine days.
  • RPL Ratio hits highest point since January, signaling first realized profits in a month.
  • XRP holds between $1.34 and $1.43, with consolidation likely to extend further ahead.
Promo

XRP has been moving sideways for several days, with price action reflecting indecision rather than directional conviction. This consolidation pattern is likely to persist, but the dynamics driving it have shifted. 

Unlike previous rangebound phases rooted in losses and fear, the current sideways movement carries a more constructive underlying tone.

Sponsored
Sponsored

XRP Whale Selling and Profit Taking Rises

XRP whale activity has turned quietly bearish over the past nine days. Addresses holding between 100 million and 1 billion XRP have collectively sold over 220 million tokens during this period.

This $305 million in whale selling signals a modest but notable weakening in HODLing conviction among XRP’s most influential holders.

The pace of this selling remains measured rather than aggressive. However, sustained whale distribution at this scale introduces consistent sell-side pressure that suppresses upward price movement.

Until this cohort returns to accumulation, their gradual offloading will act as a ceiling on XRP’s ability to stage a meaningful breakout above current resistance levels.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Sponsored
Sponsored
XRP Whale Selling
XRP Whale Selling. Source: Santiment

The Realized Profit/Loss Ratio has registered actual profits for XRP holders for the first time in a month. The ratio, at its highest since January, confirms that holders are successfully exiting positions above their cost basis.

Whether this selling originates from short-term or long-term holders, the outcome carries constructive market implications.

Historically, profit realization during bear markets has been a positive signal. Profitable exits attract fresh capital as new investors rotate into the asset at current price levels.

This capital rotation dynamic tends to support price stability and can gradually build the demand foundation needed for a more sustained recovery phase ahead.

XRP Realized Profit/Loss Ratio
XRP Realized Profit/Loss Ratio. Source: Glassnode

XRP Price Consolidation

XRP price is trading at $1.39, rangebound between the $1.43 resistance and $1.34 support for nearly a month. Neither bulls nor bears have demonstrated sufficient conviction to break this structure.

The current price zone has become a well-established equilibrium that requires a significant catalyst to resolve.

Mixed investor signals suggest this consolidation will likely extend further. The competing forces of whale selling and profit-driven capital rotation are offsetting each other, keeping XRP anchored within its current range.

This dynamic prevents a sharp crash while simultaneously limiting the potential for an immediate breakout.

XRP Price Analysis.
XRP Price Analysis. Source: TradingView

A flip of the 20-day EMA into support would provide an early bullish signal worth monitoring. Should whale selling halt, XRP would have a credible shot at breaching $1.43 and extending toward $1.51, invalidating the rangebound thesis and confirming a short-term bullish reversal.

To read the latest cryptocurrency market analysis from BeInCrypto, click here.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

Sponsored
Sponsored