Usman Salis
⬤ XRP bounced back strongly in the past three days, posting a 17% gain and pushing back toward key resistance zones. The recovery came with interesting whale movement, as big holders were actively reshuffling their positions throughout the rally.
⬤ Blockchain data reveals wallets holding 1 million to 10 million XRP started lightening their loads as prices climbed. The numbers show a clear drop in these holdings, matching reports that whales sold more than 180 million XRP to lock in gains. Most of this selling happened around the 2.2 price level, right when the token was making its recovery move.
⬤ Even with whales taking profits, XRP held onto much of its gains, bouncing back from earlier drops and finding stability above support zones. The price action shows the broader market had enough buying power to absorb the whale selling without completely derailing the uptrend.
⬤ This whale behavior matters because it often hints at shifting market sentiment in the short term. When you see a sharp price jump paired with heavy selling from large holders, it usually means the market's hitting a critical zone. What happens next for XRP around that 2.2 level—and whether regular buyers can pick up the slack from whales stepping back—will likely determine where the token heads from here.
Usman Salis
