XRP Faces Sell Pressure with Whale Flows Turning Negative

• On-chain data shows that XRP whale flows have recently turned sharply negative.
• This is the same bearish pattern that was observed right before major price corrections in the past.
• Data from exchanges also shows that major inflows of XRP have historically lined up with price tops.

A key on-chain signal for XRP has flashed red. Large holders are once again moving their tokens in a way that suggests a major sell-off could be on the horizon.

Is History Repeating Itself for XRP?

According to data from CryptoQuant, the 30-day moving average of XRP whale flow has turned sharply negative. This is the same bearish pattern seen at the start of 2025 in January and February, when whale selling coincided with price peaks, and then followed by price corrections.

From late 2024 through early 2025, XRP’s whale flows remained negative, coinciding with a price decline from $3.20 to below $1. This period was marked by large holders offloading XRP, increasing the supply in the market.

But it’s not all bad news. Just a while back, a massive XRP whale made a $3.7 billion move that showed a huge vote of confidence.

A shift to positive whale flows occurred around April 2025, which aligned with a price recovery that brought XRP back near $2.80 by June. This accumulation phase was followed by a stable price period through July.

However, late July and early August recorded a shift back to negative whale flows, driving the price down from above $2.40 to below $1 once again.

What Does Exchange Flow Data Tell Us?

Data on exchange inflows from Coinglass tells a similar story. Spikes in XRP moving onto exchanges, nearly $200 million in both November 2024 and January 2025, lined up almost perfectly with price tops near $2 and $3.

Meanwhile, periods of ongoing outflows, when XRP is withdrawn from exchanges, mostly match with price consolidation or declines. From January to March 2025 and from April to mid-July, similar outflows coincided with relatively stable or falling prices between $1.50 and $2.50. The pattern continued in early August, where rising inflows correlated with renewed price volatility.

Where Does the XRP Price Stand Now?

As of the latest data, XRP is trading near $2.99, showing a 2.45% increase in the past 24 hours. Despite the recent price rise, trading volume has decreased by 26.57% over the same period, totaling $4.16 billion.

Additionally, XRP’s circulating supply stands at around 59.3 billion tokens out of a nearly fixed total supply capped at 100 billion. Intraday price movements show an upward trend, with XRP surpassing $3.02 before falling below this level.

Deep Dive: Want to see how a single whale thinks? CoinEdition report tracked one whale who sold XRP but went long on another major altcoin.