The cryptocurrency market is closely watching as large holders of XRP continue to liquidate. Recent chain data shows that whales have sold another 500,000 tokens within 2 days and is continuing a wider trend of distribution that has pressured prices for most of early November 2025.
Whale Distribution Intensifies Market Concerns
The most recent data suggests that accounts with large numbers of XRP have been consistently unwinding their positions. In the latest bout, Whales sold 500,000 XRP in just a brief 48-hours, culminating in a total of around 900,000 tokens sold in a five-day period. This selling is coming from wallets holding between 100 million and 1 billion XRP, typically an indicator of institutional or significant net-worth investor psychology.
XRP is struggling to keep its momentum near $2.30, now trading nearer to $2.26 after falling 13% in the previous week. Considering their selling approach, these major wallets are certainly not prepared for a quick price reversal. It recalls the beginning of 2025, with whale deliveries taking place in January and February as a symbol of what was previously a decrease in prices.
Technical Indicators Depict a Mixed Picture
XRP is currently consolidating in a symmetrical triangle that’s indicative of a buyer-seller stalemate. The distribution of cost basis is creating significant supply levels that could project XRP’s next big move. The first level of resistance is from $2.52 to $2.54, where there is around $1.23 billion XRP accumulated. Meanwhile, the wall is much stronger at $2.80 and $2.82, as 1.88 billion XRP has been bought around those price levels. Maria Carola, StealthEx CEO said that if XRP is above $2.60, the way with less resistance is lower.
XRP breaches a support level of $2.20, it would strengthen the case for the bear scenario. A breakdown would likely result in a move towards $2.08 or can trigger a move towards the higher timeframe of $2.00 level, which is critical. With whales redistributing and a few technical issues going on, analysts are anticipating that testing these lower levels is going to become likely.
Contrasting Signals – Some Whales Still Accumulating
According to data from Santiment, the largest group of whales accumulated an additional 1.27 billion tokens, from mid-October up to the end of the month. At today’s prices, that accumulation totals approximately $3.15 billion, and shows a remarkable amount of conviction from the whales.
This divergence creates an intriguing atmosphere. Although mid-sized holders appear to be derisking, mega whales are aiming for longer-term gains. Coinglass’s exchange flow data shows that the increase in XRP moving onto exchanges aligned almost exclusively with local prices near $2 and $3. The current trend indicates selling pressure could persist in the near future.
Conclusion
The token must break the $2.60 resistance level for XRP to continue with its present consolidation pattern. The technical projections suggest that a successful breakout above $2.81 could lead to XRP achieving $3.10 and possibly $3.66, according to technical estimates. However, losing $2.20 support would send prices to $2.08 or higher.
Ripple’s fundamentals remain intact, with the recent digital asset custody expansions. The recent figures suggest that 1 billion XRP was released from escrow, a normal process that occurs every month and has ramifications for short-term sentiment. Over the next several trading sessions, we will see if mega whales can drive the prices higher over the short-term or if mid-tier selling pulls XRP lower in November.
