XRP Plummets 10% as Whales Cash In—93% of Holders Sitting on Profits
Whales just triggered a selloff tsunami—XRP tanks double-digits as nearly all circulating supply stays in the green.
The great profit-taking
With 93% of XRP's supply still profitable at current prices, traders are playing a dangerous game of chicken. Who blinks first: the whales or the retail bagholders?
Market mechanics at work
That 10% drop isn't just a correction—it's the sound of leverage getting liquidated across crypto exchanges. Classic whale move: pump, pause, dump when liquidity's juiciest.
Bonus jab: Meanwhile, traditional finance bros are still trying to short Tesla at ATHs. Some things never change.
Profit-Taking Pressure Intensifies
The high percentage of profitable XRP holders exceeds Ethereum’s 84.7% profitable supply, suggesting XRP faces more intense selling pressure from investors realizing gains. When such a large portion of supply shows profit, markets typically experience increased selling as holders take profits or rotate into other assets.
The profit-taking dynamic became apparent as XRP approached its recent high NEAR $3.60, with the profitable holder percentage reaching levels typically associated with market tops.
Whale Movement Adds Selling Pressure
Ripple co-founder Chris Larsen moved approximately $175 million worth of XRP to multiple addresses starting July 17, with roughly $140 million transferred to exchanges. The timing coincided with XRP nearing its all-time high around $3.66, prompting market speculation about potential large-scale selling.
Crypto sleuth zackXBT, detailed the transaction as a comment to a random X post showing XRP downfall and captioning it “Uber Drivers in Pain.”
Since July 17, 2025 an address linked to Ripple co-founder Chris Larsen transferred out 50M XRP ($175M) to four addresses.
~$140M ended up at exchanges/services
30M XRP recipient
rPS9kVPbgZF4vXq2hs6s9Xv2754qdRau98
rnQXgGAjqbF4KoBpcBK5YBHyZEL7nGWWoi
10M XRP recipient…
The whale movement amplified existing selling pressure as traders interpreted the transfers as preparation for significant token sales.
Short-Term Holders Exit
Analysis shows short-term holders who purchased XRP between $2.30-$2.80 over the past 1-3 months were sitting on 20-30% profits before the recent correction. As prices declined, many of these investors appeared to panic sell, contributing additional downward pressure.
The cascading effect of profit-taking from both long-term profitable holders and recent buyers created the conditions for XRP’s underperformance relative to other major cryptocurrencies.
XRP may find support if it returns to the realized price range of $2.30-$2.80, representing cost basis levels for recent accumulation. However, a sustained breakout above $3.60 WOULD likely require significant buying pressure to overcome continued profit-taking resistance.
The combination of whale selling activity and elevated profit-taking suggests continued near-term pressure on xrp price action until supply-demand dynamics rebalance at lower price levels.
Disclaimer: This content is for informational purposes only and does not constitute financial advice. cryptocurrency investments carry significant risk.
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