A significant sell-off by large investors, or whales, has shaken the XRP market after they dumped approximately 440 million tokens over the past month. This dramatic move has sparked concerns about price stability and fueled bearish sentiment across the community. The data revealed that these whales have shifted from accumulating to liquidating their holdings, a sign of caution within the institutional and high-value investor sphere. Ali, an analyst known for tracking whale activity, highlights this shift as a potential indicator of changing market sentiment. 440 million XRP sold in just one month is significant, according to Ali. While trading volume remains low, technical indicators suggest persistent downward pressure on XRP’s price. The Relative Strength Index (RSI) has fallen to 41.44, indicating dominance by bearish sentiment. Meanwhile, XRP is approaching the lower Bollinger Band, suggesting increased volatility and potential oversold conditions if the decline continues. Experts warn of a possible test of support near $2.72 if selling pressure persists. The market awaits a turnaround as buying volume may play a critical role in determining whether this bearish trend continues or starts to reverse.