XRP News Today: XRP Struggles to Reclaim $3.15 as Whales Exploit ETF Optimism to Sell

XRP faces heightened sell pressure as whale activity intensifies, with daily outflows exceeding $50 million from large wallets, according to on-chain data from Whale Flow and CryptoQuant. This sustained distribution since early 2024 has exacerbated bearish sentiment, with analysts warning of accelerated declines unless a bullish reversal materializes XRP Price on Edge as $50 Million Daily Whale Selling Threatens …^[1]. The selling trend coincides with a technical breakdown, as XRP struggles to reclaim key support levels, including the $3.15 threshold .

Technical indicators reinforce the bearish outlook. Peter Brandt, a prominent chart analyst, highlighted the token as a "short candidate" if it completes a descending triangle pattern, a formation that could trigger further downside risk if price breaks below the trendline XRP Price on Edge as $50 Million Daily Whale Selling Threatens …^[1]. Meanwhile, Polymarket odds show a 99% probability of SEC approval for an XRP ETF in 2025, yet market participants caution that "sell-the-news" dynamics may emerge if whales capitalize on regulatory optimism to offload holdings XRP Price on Edge as $50 Million Daily Whale Selling Threatens …^[1].

Exchange inflow data underscores the distribution theme. Coinglass reported spikes in XRP moving to centralized exchanges in late 2024 and early 2025, aligning with historical price tops. Conversely, periods of outflows corresponded with consolidation or declines between $1.50 and $2.50 XRP Faces Sell Pressure with Whale Flows Turning Negative^[3]. Recent movements, including a $439 million transfer by Ripple and $58 million in whale activity, have raised questions about potential strategic reshuffling or liquidity absorption XRP Slides 5% as Selling Pressure Intensifies Despite Whale …^[2].

Market sentiment remains divided. While some analysts view the current $2.97 price level as a potential support zone, others warn of a 15% correction toward $2.60 if $3 support fails XRP Price Analysis Hints at Key Dip Before Potential …^[6]. Futures open interest has risen to $9.25 billion, reflecting sustained trading activity despite the decline XRP Loses $3 Again: How Low Can The Price Go Next?^[5]. Santiment noted the highest retail fear in six months, a metric historically preceding price recoveries XRP Loses $3 Again: How Low Can The Price Go Next?^[5].

Regulatory developments could reshape the narrative. Trackinsight and CF Benchmarks indicate hurdles for immediate SEC approval, yet broader legal clarity around Ripple and favorable U.S. crypto policies have improved 2025 ETF prospects XRP Price on Edge as $50 Million Daily Whale Selling Threatens …^[1]. Institutional adoption, including partnerships with BitGo and VivoPower, also signals growing infrastructure support for XRP .

As of the latest data, XRP trades at $2.97, down 0.00966% in 24 hours, with a 26.57% drop in trading volume to $4.16 billion XRP Faces Sell Pressure with Whale Flows Turning Negative^[3]. The token's circulating supply remains at 59.3 billion tokens, with technical patterns suggesting critical resistance at $3.15 and support at $2.80 .