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Home»Altcoins»XRP traders are facing new selling pressure as large holders pull away
Altcoins

XRP traders are facing new selling pressure as large holders pull away

2025-10-12No Comments3 Mins Read
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XRP is under renewed selling pressure after data showed large holders are withdrawing large sums from the market.

According to CryptoQuant analyst Maarunn, whales have lost an average of about $50 million net per day XRP possessions. This flow coincided with renewed price weakness and sharper swings than in recent weeks.

Price falls after rally in early October

After rising above $3.00 on October 3, XRP fell sharply. Reports indicate that the token fell below $2.50 about a week later.

Since that dip, the high has been $2.83, while XRP is trading close $2.40 at the time of reporting. The price action has been mixed across horizons: XRP is down about 20% over the past seven days but remains in the green on the 14-day chart.

JUST ARRIVED: $XRP whales are unloading 🐋

Whale Stream (30DMA): -$50 million/day.

The selling pressure continues. pic.twitter.com/Hcnys9vCCV

— Maartunn (@JA_Maartun) October 10, 2025

Whale currents became negative after accumulation

According to data about the chain shared by Maartunn, the whale current measured on a 30-day moving average has fluctuated from positive to negative over the past year.

Throughout 2022 and early 2023, large transfers signaled accumulation, a period accompanied by relative price calm. There was a clear negative trend in whale flows from mid-2023 through the first three quarters of 2024, and that pattern regained strength after a later increase in inflows.

Reports have shown that the most extreme negative value on the chart appeared during a price spike in mid-January, when XRP reached a high of $3.4 on January 16, 2025 and large holders took profits.

See also  Bitcoin will surpass gold and silver within ten years

Accumulation on dips, profit taking on rallies

The image on the chain is not uniform. There was a brief period of accumulation in April, when XRP slid towards the $2 support level. That buying continued until the end of June when the token recovered above $2.

After that recovery, selling pressure resumed as holders locked in gains. The current 30DMA value is nearly negative $50 million per day, a continued net outflow that points to distribution by a few large accounts.

If we close above $3.1150 on Sunday, this will be the most bullish $XRP weekly candle in history.

— Patrick L. Riley (@Acquired_Savant) October 10, 2025

Market reaction and possible paths

What this means for the price is not set in stone. Continued heavy selling at low bids could push XRP down to nearby supports around $2.20 to $2.50. On the other hand, if buyers step in and absorb the outflows, XRP could trade sideways with sharp intraday swings.

Based on reports, veteran investor Patrick L. Riley added a conditional bullish note: a weekly close at $3.11 would create a very strong weekly candle and could attract new demand. That scenario would require meaningful purchases to overcome current sales by large farmers.

Featured image from Meta, chart from TradingView



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