XRP News Today: XRP Whale Outflows Signal Structural Weakness Amid Price Pullback

XRP has faced renewed selling pressure following its brief push above the $3.10 level in late July, marking a short-lived all-time high. While the cryptocurrency remains within a long-term bullish trend, short-term buyers appear to be losing control as the price has struggled to maintain above $3.10. Analysts have noted the potential for a deeper correction, particularly with broader market sentiment turning more cautious [1].

The bearish outlook has been further reinforced by recent data from CryptoQuant, which highlights a sharp shift in whale flows into negative territory. This indicates that large holders are once again distributing their XRP holdings, echoing a similar pattern observed earlier this year. During that period, sustained outflows from whales preceded a multi-week price correction [2]. The current outflows suggest that major players may be reducing their exposure in anticipation of increased volatility or weaker demand.

According to CryptoQuant analyst The Enigma Trader, XRP’s 90-day moving average (90DMA) of whale flow has turned sharply negative, aligning with previous distribution cycles seen in January–February 2025. During that time, consistent outflows from whale wallets coincided with a sharp downturn in price. While the current drawdown is milder, the directional similarity raises concerns about structural weakness. For XRP to regain bullish momentum, The Enigma Trader notes that the market would need to see a return of consistent positive whale flows, exceeding +5 million XRP per day. As of now, no such activity has emerged [2].

XRP is currently trading around $2.98 after pulling back from its July high above $3.60. On the daily chart, the price recently bounced near the 50-day simple moving average (SMA), which sits at $2.71. This suggests that the moving average is acting as a dynamic support level. The overall trend remains bullish, with XRP still well above the 100-day and 200-day SMAs. However, a breakdown below the $2.70–$2.80 zone could expose the coin to further downside [1].

A decisive recovery above $3.10 is critical for bulls, as this level has been tested multiple times since the pullback. Volume has decreased during the recent decline, indicating that sellers are losing momentum. Yet, without a surge in buying pressure, the current rebound may stall below key resistance levels. Market participants are closely watching whether bulls can reclaim $3.10 and build a base for a new upward move. The absence of accumulation—particularly from whales—raises concerns about the potential for more downside in the near term [1].

Source: [1] XRP Whale Activity Signals Warning: Distribution Pattern Resurfaces (https://www.newsbtc.com/xrp-news/xrp-whale-activity-signals-warning-distribution-pattern-resurfaces/)