Over $300 Million in XRP Sales: Whale Activity Signals Potential Market Shifts

A recent surge in XRP’s price has coincided with a notable shift in holdings from its major institutional investors. Over the past ten days, these whales have sold more than $300 million worth of XRP tokens, according to data shared by Steph Is Crypto (@Steph_iscrypto). This significant sell-off is reflected in declining holdings among wallets holding between 100,000 and 1,000,000 XRP, reaching a level not seen in over three years. The chart reveals a clear correlation between these movements: while XRP’s price has been climbing since September, whale balances have simultaneously decreased rapidly. This inverse pattern is becoming increasingly notable.