XRP’s recent price drop below the $2.5 mark after a brief rebound suggests potential selling pressure from whale activity. CryptoQuant data highlights significant deposits to centralized exchanges by XRP whales, likely indicating profit-taking or risk mitigation amidst market uncertainty. 43,000 Whale to Exchange transactions were recorded on October 11th, marking a peak in such activity. This trend aligns with a price decline from around $3 to roughly $2.4. Although not the sole driver, this pattern suggests that large-scale XRP transfers to centralized exchanges may have contributed to selling pressure, as seen by the correlation between whale deposits and price movement.