A notable move in the XRP market has drawn attention from traders and 0 crypto analyst Ali Martinez (@ali_charts) shared data revealing that whales sold 440 million XRP over the past 30 1 shared a chart showing a consistent decline in large-holder balances since early 2 timing of this selloff coincides with XRP’s continued retreat from its July peak, adding fresh context to the cryptocurrency’s current position and what could lie 3 Backdrop of XRP’s Performance XRP reached its all-time high in mid-July , capping off at $3.65 before a steady pullback 4 then, the asset has fallen to the $2.8 range, with a brief drop to $2.71 in early 5 the time of Martinez’s post, the asset traded at $2.862.
The accompanying chart shows that wallets holding between 1 and 10 million XRP have steadily reduced their positions, with total holdings slipping from about 6.9 billion to 6.5 billion tokens over the same period. 440 million $XRP sold by whales in the last 30 days! 6 — Ali (@ali_charts) October 8, 2025 Market Forces Shaping Sentiment The selling trend has come at a time when multiple external factors have been shaping sentiment across the digital asset 7 market is optimistic for the approval and launch of several cryptocurrency exchange-traded funds (ETFs) this 8 participants see such developments as vital for unlocking new liquidity sources and increasing price 9 this, whales are exiting their positions at a time that may prove 10 to the changing landscape, the Federal Reserve’s decision to initiate its first rate cut of 2025 in September introduced another 11 move marked a clear shift in 12 policy after an extended period of 13 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Rate cuts tend to favor cryptocurrencies by improving liquidity conditions and reducing the appeal of fixed-income 14 a result, the announcement triggered renewed interest in digital assets across the 15 Could Follow for XRP?
Given these developments, the wave of whale selling observed in recent weeks may appear counterintuitive. Historically, large holders have played a significant role in driving XRP’s momentum during periods of renewed market 16 short-term volatility remains possible, factors currently unfolding suggest that the market could be preparing for renewed 17 ETF-related progress continues and further rate cuts materialize, current sellers might be exiting the market ahead of a potential 18 : This content is meant to inform and should not be considered financial 19 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 20 are advised to conduct thorough research before making any investment 21 action taken by the reader is strictly at their own 22 Tabloid is not responsible for any financial 23 us on X , Facebook , Telegram , and Google News
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