Major XRP whales sold up to 2.23 billion tokens in the past month, triggering crash fears and heightened market volatility, as reported by on-chain analyst Ali.
The event reflects growing institutional unease and regulatory uncertainty, leading to substantial price pressure and liquidity shifts affecting XRP and related cryptocurrencies’ market dynamics.
Recent on-chain data highlights a significant “whale exodus” from the Ripple (XRP) market. Large holders have offloaded between 320 million and 2.23 billion XRP tokens within 30 days, triggering fears of further crashes.
Notably, wallets with 1M–10M XRP show reductions from ~6.95B to ~6.51B XRP. This trend coincides with increased institutional futures deleveraging and known regulatory uncertainties.
The sell-off has intensified volatility within cryptocurrency markets, affecting liquidity and trading dynamics. XRP’s market cap has shown declines, dropping from over $177B to approximately $154.8B, reflecting significant investor repositioning. “440 million $XRP sold by whales in the last 30 days!” – Ali, Crypto Analyst
Institutional futures open interest in XRP has decreased from $9B to $4.34B, alongside ETF outflows of $756M. These actions underline a broader risk management and market adjustment strategy by major investors.
Ripple’s leadership, including CEO Brad Garlinghouse , maintains focus on product development rather than listing. Garlinghouse navigates through regulatory and business challenges while managing market instability.
Historical patterns suggest that such sell-offs often precede short-term price drops, with XRP’s price plunging 42% in October 2025. Despite usual peaks in FUD metric, market bottoms often emerge, lacking immediate price reversal signals currently.