XRP, a crypto token powered by the Ripple network, is experiencing market difficulties, a development that raises worries about its short-term market stability. According to data reported today by market analyst Ali Martinez, whale wallets have sold over 2.23 billion XRP tokens since last Friday, triggering a fresh significant redistribution of tokens. The move by whales dumping their XRP position has attracted attention from market observers, an indicator that even prominent assets are not safe from the latest market adjustments.
What Triggered Whale Sell-Off
Since Friday, October 10, 2025, wallet addresses holding between 100 million and 1 billion XRP tokens have dumped over 2.23 billion XRP tokens, as stated in the data shared by the analyst. The recent selling activity has led to a massive decline in whale balances, with on-chain metrics revealing whale reserves dropped from more than 9.5 billion XRP to about 7.3 billion XRP just within the past four days. This coordinated liquidation activity caused abrupt price falls, which saw XRP lose over 16.9% over the past week, with the current price sitting at $2.47.
As per Ali’s data, multiple whale wallets conducted large sell orders between October 10 and 12. These are long-term whales who bought XRP during past market dips and have been holding significant unrealized profits. According to the analyst’s market examination, the whales could have timed their sales just before a major technical correction.
As briefly pointed out above, multiple factors appear to have contributed to the significant sell-offs. First, profit-taking triggered by recent impressive price uptrends could have influenced large investors to realize gains from accumulated returns. Secondly, the recent rejuvenated weakness in the wider crypto market, catalysed by the revived US-China tariff trade conflict last Friday, prompted large holders to sell tokens for profit booking and loss minimization. Lastly, whales could be engaging in fund redistributions to other digital assets as part of efforts to rebalance their portfolios.
What’s Next Move for XRP?
Despite the 2.23 billion XRP sales by whales, some investors remain bullish on the asset’s long-term capability. Today, this market trader pointed out that whales will soon return to the market with fresh accumulations, making XRP to be course for an 800% bullish breakout.
The token’s ability to hold the $2.30-2.40 support zone shows healthy selloff conditions and sustained customer interest amid the ongoing correction. Based on Ali’s chart structure, XRP is forming a higher low pattern, which normally comes before substantial makeup phases where price bounces back as confidence returns to the market.
