- XRP whales sold 370M tokens in four days, causing a price drop and market tension
- Whale holdings fell from 6.64B to 5.68B XRP as the price slid from $2.74 to $2.14
- As traders watched for moves, market fears and global issues added to the volatility.
XRP whales have offloaded over 370 million tokens in the past 96 hours, affecting the market. According to Santiment data shared by crypto analyst Ali Martinez, wallets containing between 10 million and 100 million XRP saw a sharp decline. Investor holdings dropped from approximately 6.64 billion XRP on February 15 to 5.68 billion by February 25.
Massive Whale Sell-Off Ignites Market Uncertainty
Between February 18 and 21, whale holdings briefly increased to 6.84 billion XRP before declining sharply as selling pressure intensified. Over the last four days, whales offloaded 370 million XRP, contributing to increased price fluctuations. XRP’s price reflected this trend, dropping from $2.74 on February 15 to $2.14 by February 25—a 21.9% loss. This trend suggests that large holders are offloading assets amid broader market instability.
Data from Santiment indicate that the bearish trend remains dominant despite minor recovery attempts. The rapid reduction in whale holdings has created a supply surge, increasing uncertainty among retail participants. The sell-off timing and XRP’s price decline indicate that market players adjust their positions based on external economic shifts.
Crypto Market Faces Rising FUD as Bitcoin Drops
Santiment reports indicate rising fear, uncertainty, and doubt (FUD) in the industry. This trend aligns with Bitcoin’s decline to $86,000, triggering concerns across the market. Like Ethereum and Solana, XRP has faced increased selling pressure as market negativity spreads. Historically, such extreme sentiment has often signaled market bottoms, but current indicators suggest continued instability.
XRP’s struggles are compounded by liquidity issues and global economic concerns. The upcoming U.S. tariffs set to take effect next week have contributed to increased market volatility. This uncertainty has intensified bearish sentiment, leading investors to tread cautiously.
Related: XRP Faces Critical Prices as Market Moves Against Trends
Will XRP Maintain Stability Amid Market Shifts?
The recent whale-driven sell-off puts XRP at a crossroads—can it withstand further pressure, or will volatility continue? While it has shown to some degree resilience in past downturns, large-scale sell-offs often create temporary imbalances. Additionally, macroeconomic factors and liquidity constraints further complicate XRP’s market outlook.
XRP’s ability to rebound will depend on how investors respond to external economic pressures. As whales reshape the market, traders and investors closely monitor wallet movements. Whether it stabilizes or sees further declines remains a focal point for analysts tracking its trajectory.
