$XRP Analysis : XRP Whales Sell $780 Million, Will Price Fall Below $2?
XRP is entering a critical phase as major cohorts pull the asset in opposite directions. Over the past week, whale wallets holding between 1 million–10 million XRP offloaded more than 390 million XRP, worth roughly $783 million at current market prices. This scale of distribution reflects growing frustration among large holders who were expecting a stronger recovery. Historically, such whale-driven sell-offs tend to weaken sentiment and create liquidity pressure across the market.
However, long-term holders are helping to neutralize part of the downside. Data from HODL Waves indicates that the 1–2 year holding cohort increased its share of the total XRP supply from 8.58% to 9.81% within a week. This rising concentration suggests maturing holders are choosing to stay positioned through the volatility instead of joining the sell-off. Their steady accumulation has been key in keeping XRP anchored around the $2.00 level.
At the time of writing, XRP is trading directly at this $2.00 support, which has acted as a psychological magnet over the past several sessions. With whale selling and long-term accumulation creating opposing forces, XRP is likely to remain rangebound between $2.00–$2.20 until a clear catalyst breaks the deadlock.
If bearish pressure grows and whales continue exiting, a breakdown below $1.94 could open the doors to deeper losses toward $1.85, invalidating short-term bullish scenarios. But if demand strengthens, XRP could finally reclaim momentum and escape the current consolidation zone.
