470,000,000 XRP Offloaded by Whales — What’s Next for Ripple’s Price?

Whales dump massive XRP holdings—market braces for impact.

Price Pressure Mounts

Nearly half a billion XRP hits the market in coordinated whale movements. The sell-off triggers immediate liquidity concerns as large holders cash out positions.

Technical Support Test

Ripple's price approaches critical support levels that haven't been tested since the last regulatory showdown. Traders watch for either a bounce or breakdown scenario.

Institutional Exodus?

The timing suggests some big players might be rotating into other assets—or perhaps just finally admitting that banking partnerships move slower than crypto Twitter predictions.

Next 48 hours determine whether this is a healthy flush or the start of something uglier. Either way, volatility's back on the menu.

Market Pullback and Current Price

The crypto market posted a slight pullback in the past 24 hours ahead of Federal Reserve Chair Jerome Powell’s speech at Jackson Hole. Traders are watching the event closely for policy signals.

XRP was trading at $2.89 at press time, with a 24-hour volume of $6.74 billion. The token has lost 4% in the last day and 11% in the past week. The price action has narrowed after a rally in July pushed XRP above the $3.60 mark.

Whale Selling and Exchange Flows

Crypto analyst Ali Martinez reported that whales sold about 470 million XRP in the last ten days. On-chain data shows a steep drop in holdings by large wallets during this period, consistent with heavy distribution.

Notably, the selling activity has been visible on exchanges. Inflows of XRP to Binance increased through late July and August. The largest transfers reached more than 100 million XRP at a time, coinciding with the shift in price momentum. As of press time, another 11.8 million XRP entered Binance, keeping pressure on the market.

Before the current sell-offs, whale wallets were active on the buy side. Martinez noted that during the previous dip, they accumulated over $360 million worth of XRP. Earlier, they purchased about 320 million XRP, valued at nearly $1 billion, in a three-day span.

Meanwhile, these moves suggest that whales remain a key driver of XRP’s supply and demand. Large purchases during periods of price weakness may provide support, while continued inflows to exchanges continue to weigh on short-term performance.

Broader Market Outlook

XRP has been trading against a backdrop of legal clarity after Ripple’s settlement with the US SEC and recent regulatory measures from the TRUMP administration. With those developments now absorbed into the market, investors are focused on whale flows and macroeconomic events.

Analysts note that if selling continues, XRP could test the $2.70–$2.50 range. If accumulation gains pace and exchange inflows ease, the token may stabilize. Analyst Galaxy added that XRP has been in a five-year accumulation phase against Bitcoin, pointing to potential changes when that cycle ends.