Recent days have seen XRP surge over 13%, reaching a peak of $2.66. Trading volume has surged to over $4.4 billion, with the seven-day performance showing a notable 10% increase. While the market displays consistent buying interest, on-chain data suggests some large XRP holders may be taking profits during this rally. Analyst Ali Martinez’s chart highlights a significant decrease in balances held by wallets ranging from one to ten million XRP, coinciding with price gains. This drop coincides with the increasing inflow of XRP to Binance, with over 50 million coins transferred on October 25th, suggesting that these inflows may have come from selling into the rally. Binance has seen consistent increase in XRP inflows alongside price rise, and once the large inflow occurred, both price and inflows cooled down. However, flows remain low now, and price remains stable. Short-term charts show XRP continuing its upward trend, forming higher lows with each move. Support zones between $2.35 and $2.55 have held during minor pullbacks, keeping momentum in place. According to CW, the next major resistance level is at $3.00. This level has been marked as a potential sell zone, where traders may look to reduce risk or take profits. It’s also a round number that often attracts attention from both buyers and sellers. Over 140 million XRP have been moved by large wallets during this rally. The activity raises questions about the strength of the current movement, particularly as some traders are already considering profit-taking as seen in whales offloading their holdings. Whether this selling pressure continues or fades will likely depend on how price behaves near support and resistance levels. For now, XRP remains in an uptrend but traders will be closely watching for signs of strength or weakness as it approaches the $3.00 level.