XRP Selling Pressure Intensifies
XRP continues to face significant selling pressure following last week’s market downturn. The token’s recovery efforts are being hampered by weak investor support and persistent selling activity. Even as broader cryptocurrency markets show signs of stabilization, XRP holders appear to be accelerating their asset sales rather than waiting for a rebound.
Data from exchange position changes reveals that current selling volumes are the highest recorded since December 2022. This sustained offloading suggests investors are growing increasingly concerned about XRP’s ability to recover quickly from recent losses. The pattern looks like classic panic selling, driven by fading confidence in the token’s near-term prospects.
Whale Activity Drives Market Pressure
Large holders have been particularly active in the sell-off. Addresses holding between 100 million and 1 billion XRP have reportedly sold over 2.24 billion tokens since October 10. That amounts to more than $5.4 billion worth of XRP being moved to exchanges for liquidation.
This level of whale activity is significant because it signals deep skepticism among institutional and high-value investors. When large holders exit positions in such quantities, it typically indicates they don’t see a meaningful rebound happening soon. Their actions create additional downward pressure that makes recovery more difficult for the entire market.
Price Levels to Watch
At current trading levels around $2.44, XRP is hovering just below the $2.45 support level. If selling pressure continues and investor confidence weakens further, the token could potentially drop to $2.35 or even $2.27 in the coming days. That would make recovery increasingly challenging.
For XRP to reclaim its recent losses, it needs to climb back toward $2.85. But with sustained selling activity, particularly from large holders, that recovery process could be delayed significantly. The path forward depends heavily on whether selling pressure eases and whether investors begin accumulating again.
There is some potential for optimism if conditions change. A push above $2.54 and then $2.64 could pave the way toward $2.75, which would signal renewed market confidence. But for now, the bearish sentiment appears to be dominating as investors continue moving tokens from their wallets to exchanges, suggesting they expect further losses ahead.
The situation feels somewhat concerning because the selling isn’t just a brief reaction to the initial crash—it’s continuing days later. That persistence suggests deeper concerns about XRP’s fundamentals or market position. Perhaps investors are worried about regulatory developments or competitive pressures from other cryptocurrencies.
I think what’s interesting here is the timing. Three years is a long cycle in crypto, and hitting that peak selling level suggests we might be seeing a shift in how investors view XRP’s long-term prospects. It’s not just about short-term price movements anymore.
