Large XRP holders have been selling the cryptocurrency at a significant rate, averaging $50 million daily for the past 30 days. This trend comes amidst increasing retail pessimism and mixed technical signals, raising concerns about a potential price drop. Analysis reveals that this consistent selling by whales is coinciding with growing retail fear and uncertainty, as evidenced in Santiment’s report on October 8th. The report indicated a sharp decline in XRP’s bullish-to-bearish sentiment ratio, reaching its lowest point since April, when trade tariffs disrupted the crypto market. While recent weeks have seen a dip for the token, XRP remains the world’s fifth-largest cryptocurrency by market cap, with a 435% year-to-date gain.