Overview

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It turns out that while one whale was buying XRP, other large holders were selling. Wallets holding between 10 million and 100 million XRP sold about 100 million tokens If whales resume buying XRP, their influence could fuel a new rally that challenges its previous high. Conversely, if selling pressure intensifies and the $2.95 support Investors who took an entry position in XRP in 2025 and early 2025 were all underwater at press time. To add to its woes, whales continue to sell XRP in November as the “This cohort of whales is showing enormous confidence in XRP, and their continued buying is a major driver of the recent rally,” Santiment noted in a social media XRP price rally continues to $2.84 surging more than 100% over the past week amid strong whale activity with large holders scooping 160 million XRP worth $380 Whales dumped more than $370 million in XRP this month, causing price drops and raising concerns among traders as selling pressure weighs on market sentiment. XRP price slid by almost 7% on Nov. 21 as Ripple long-term holders realized losses. In the meantime, Ripple whales continued to reduce their holdings. Larger market

XRP Holders Underwater: Whales Selling, What's Next?

Many XRP investors are facing a challenging situation as XRP price slid by almost 7% on Nov. 21 as Ripple long-term holders realized losses, leaving many XRP holders underwater. This is compounded by significant whale activity, raising concerns about the future price trajectory. Investors who took an entry position in XRP in 2024 and early 2024 were all underwater at press time.

Whale Activity: Buying vs. Selling

Recent data reveals a mixed picture of whale behavior. The XRP price rally continues to $2.84 surging more than 100% over the past week amid strong whale activity with large holders scooping 160 million XRP worth $380. Santiment noted in a social media, “This cohort of whales is showing enormous confidence in XRP, and their continued buying is a major driver of the recent rally.” However, It turns out that while one whale was buying XRP, other large holders were selling. Wallets holding between 10 million and 100 million XRP sold about 100 million tokens. Whales dumped more than $370 million in XRP this month, causing price drops and raising concerns among traders as selling pressure weighs on market sentiment. In the meantime, Ripple whales continued to reduce their holdings.

Analyzing the Selling Pressure

The selling pressure from these whales is a significant factor influencing the current market sentiment. The larger market is reacting to this activity, contributing to the price volatility. Understanding the motivations behind these large sell-offs is crucial for predicting future price movements.

Potential Scenarios: What to Expect

The future of XRP's price hinges on several factors. If whales resume buying XRP, their influence could fuel a new rally that challenges its previous high. Conversely, if selling pressure intensifies and the $2.95 support is breached, further downside could be expected.

Disclaimer: This is not financial advice. Investing in cryptocurrencies carries risk, and you should always conduct your own research before making any investment decisions.

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