XRP Whales Unload Holdings – Clear Distribution in Progress

XRP has entered a consolidation phase after setting fresh all-time highs in late July, with price action now testing the critical $3 ￰0￱ the past several days, the token has struggled to establish firm support around $2.85, a zone that has become a key battleground for bulls and ￰1￱ are closely watching whether XRP can stabilize here and build the foundation for another leg ￰2￱ remains alive among some analysts, who argue that the recent consolidation is merely a pause before the next ￰3￱ see XRP’s resilience near $3 as a sign that new highs could follow once momentum returns, potentially pushing the asset deeper into uncharted ￰4￱ all perspectives align with this bullish ￰5￱ like Maartun point to troubling onchain signals, with data revealing that XRP whales are selling heavily during this ￰6￱ a distribution raises concerns that the market may lack the strong accumulation needed to sustain a long-term ￰7￱ Data Reveals Clear Whale Distribution According to Maartun, XRP’s recent price behavior is being shaped less by retail enthusiasm and more by whale activity beneath the ￰8￱ analysis of the XRP Whale Flow 30-day moving average (30DMA) paints a clear picture: large holders are selling heavily into the ￰9￱ Maartun, this is unmistakably a distribution phase, where whales unload positions while prices remain ￰10￱ underscores this with a simple phrase: “In data, we trust.” Onchain data backs his ￰11￱ Whale Flow metric captures sustained selling pressure from major wallets, a trend that historically signals ￰12￱ XRP has a reputation for explosive, almost unpredictable breakouts, it is equally known for its quiet, grinding ￰13￱ doesn’t necessarily mean XRP is finished with its ￰14￱ in the asset’s history have often come when sentiment was skeptical and liquidity appeared weak.

Still, the risks of downside are ￰15￱ selling persist, XRP may struggle to hold recent support levels, increasing the likelihood of a sharper correction. Ultimately, the market now stands at a ￰16￱ price could surprise once again with a surge to new highs, but if whale distribution continues, the downside risk may outweigh the potential reward. Maartun’s warning highlights the importance of paying attention to on-chain signals, not just price ￰17￱ his words, the data may already be telling the true story of what comes ￰18￱ Consolidates Around Key Support XRP is trading just under $3 after several weeks of sideways movement, consolidating following its sharp surge to new all-time highs in late ￰19￱ daily chart shows price struggling to establish a clear direction, with the $2.85–$3.00 zone emerging as a critical support ￰20￱ have repeatedly defended this level, but momentum has slowed as sellers push back near the $3.20–$3.40 ￰21￱ moving averages reinforce this picture of ￰22￱ remains above the 50-day moving average ($3.07), a positive sign that suggests short-term structure is still intact.

meanwhile, the 100-day ($2.64) and 200-day ($2.47) averages provide deeper layers of support, highlighting the broader uptrend that began earlier this summer. However, the inability to retest July’s highs near $3.70 reflects waning buying pressure and caution in the ￰23￱ now, the consolidation could serve as a base for another breakout, with a move above $3.40 opening the door for fresh highs. Conversely, failure to hold the $2.85–$3.00 area would increase downside risk, exposing XRP to a correction toward the mid-$2.50s. Traders are watching closely, as the next move will likely define whether this consolidation becomes a springboard or a warning ￰24￱ image from Dall-E, chart from TradingView