Ripple’s XRP experienced a modest revival last week, but its momentum was halted at $2.40, and the asset now struggles below $2.30. What’s more worrying about its potential in the following weeks is the behavior of whales and long-term holders, as the latter cohort of investors has been showing a rather different approach than in previous 1 previous profit realization waves that aligned with rallies, since late September, as XRP fell from $3.09 (~25%) to $2.30, profit realization volume (7D-SMA) surged by ~240%, from $65M/day to $220M/day. This divergence underscores distribution into weakness, not strength.… 0 2 — glassnode (@glassnode) November 8, 2025 Glassnode has repeatedly indicated that XRP holders used to realize profits during rallies in the past, such as the run to the new all-time high in July this year or the surge to $3.40 in January.
However, they have changed their tune now, and they have been disposing of substantial portions of their token holdings as the asset’s price has been on an evident decline since late 3 aligns with other reports informing that whales are selling en 4 latest one came yesterday, which showed that 500,000 tokens had been offloaded in the span of just 48 5 timing now is quite intriguing and perhaps unexpected because of the developments on the ETF 6 to the latest news on the matter, numerous companies have updated their S-1 filings with the US SEC to remove “delayment amendments.” This change allows the ETF in question to launch directly after a 20-day period, unless the Commission 7 first such product that has a chance is Canary Capital’s application, which could see the light of day as early as this week (November 13).
Consequently, the behavior of whales and long-term holders could be a classic “buy-the-rumor, sell-the-news” approach, in which they expect XRP’s price to dump after the ETFs finally launch.
Story Tags

Latest news and analysis from Crypto Potato



