XRP price weakness stems from whale profit-taking after a brief surge above $3: large holders sold 160 million XRP (~$480M) in 14 days, while active XRP Ledger accounts dropped nearly 50%, pressuring volume and suggesting short-term consolidation risk.
Whales sold 160M XRP (~$480M) in 14 days, triggering profit-taking.
XRP price slipped to $2.98, down 2.95% in 24 hours with volume falling 9.45% to $5.22B.
On-chain metrics show active XRP Ledger accounts plunged ~50%, reducing transactional demand.
Meta description: XRP price sees whale sell-off of 160M XRP (~$480M), active accounts drop ~50% and volume falls; read our on-chain analysis and key takeaways now.
What is driving the XRP price decline?
XRP price weakness is driven primarily by large holder profit-taking and falling on-chain activity. Whales dumped 160 million XRP over 14 days, and active XRP Ledger accounts fell nearly 50%, reducing transactional demand and prompting short-term consolidation pressure.
‘,
‘
🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!
‘,
‘
📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!
‘
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
How many XRP did whales sell and what was the value?
Large holders sold 160 million XRP in the last 14 days, representing roughly $480 million at peak levels. Crypto analyst Ali Martinez reported the sell-off, which coincided with a brief breakout above $3 and immediate profit-taking by whales.
XRP technical signals align with weakness
Price action shows XRP briefly peaked at $3.09 before retreating. The altcoin failed to hold above the Bollinger Bands upper band near $3.14, indicating the rally lost momentum and short-term technical strength declined.
As of press time, XRP is trading at $2.98, a 2.95% drop over 24 hours. Trading volume slipped 9.45% to $5.22 billion, signaling reduced market participation after the spike above $3.
Why are on-chain metrics important for XRP’s outlook?
On-chain data helps confirm whether price moves are supported by real usage. Active accounts on the XRP Ledger reportedly fell by nearly 50%. That decline suggests transactional demand weakened, increasing the likelihood of consolidation rather than a sustained breakout.
‘,
‘
🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!
‘,
‘
💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
Whale liquidations often cause short-term volatility. A large sell-off can indicate profit-taking and a pause in bullish momentum. Traders should combine on-chain signals with volume and volatility indicators to assess risk.
Expert context: Ali Martinez, a crypto analyst, highlighted the scale of these sales. Independent reporting and on-chain explorers (plain text references) corroborate the timing and size of the outflows.
‘
];
var adplace = document.getElementById(“ads-htx”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex;
adplace.innerHTML = adscodesHtx[adsindex];
sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexHtx”, sessperindex);
}
})();