XRP News Today: XRP Whales Offload 70M, Price Rises as Retail Buyers Absorb Sales

XRP, the digital asset issued by Ripple, has experienced a dramatic market shift as whale activity and broader investor sentiment collide. Over the past two weeks, large holders—often termed "whales"—have offloaded approximately 70 million XRP tokens, according to a BitcoinWorld report. This massive sell-off, however, has not translated into a corresponding price decline. Instead, XRP has shown surprising resilience, trading near $2.55 as of late October 2025, up 4.89% in the previous 24 hours. The divergence between whale behavior and price action has sparked intense debate among traders and analysts about the underlying forces shaping the market.

The recent whale-driven sales have raised concerns about potential downward pressure on XRP. Large-volume holders, particularly those with 1 million to 10 million tokens, have increased their risk exposure, accumulating 12.65% of the total supply as of October 23—up from 12.16% on October 6, according to an FXStreet report. Meanwhile, a second whale cohort (10 million to 100 million tokens) has also expanded its holdings, now controlling 10.07% of the supply. This accumulation contrasts with earlier reports of massive sell-offs, highlighting the complexity of whale behavior in volatile markets.

Retail and institutional investors appear to be offsetting whale selling pressure. CoinGlass data reveals that the futures open interest (OI)-weighted funding rate for XRP turned positive on October 23, rising to 0.0042% from -0.0007% the previous day. This shift suggests growing risk-on sentiment, with traders increasingly opening long positions. Additionally, Santiment notes that retail investors have absorbed a significant portion of whale sales, viewing current price levels as attractive entry points.

Technical indicators further complicate the narrative. As CoinEdition analysis shows, XRP has broken above a multi-year descending trendline, a pattern historically associated with bullish reversals. The Relative Strength Index (RSI) has climbed to 42.32, signaling neutral-to-bullish momentum, while the Moving Average Convergence Divergence (MACD) indicator approaches a buy signal. However, bears remain vigilant, as the price remains below the 50-day simple moving average of $2.83 and faces key resistance at $2.60. A sustained close above this level could propel XRP toward $2.85–$3.00, but a retest of $2.40 support remains a near-term risk.

Regulatory uncertainties continue to cast a shadow over XRP's trajectory. The U.S. Securities and Exchange Commission's (SEC) delayed decisions on cryptocurrency ETFs and Ripple's bank charter application have fueled investor anxiety, according to a Coinotag article. These developments coincide with broader macroeconomic headwinds, including rising interest rates and geopolitical tensions, which have dampened risk appetite across asset classes.

Despite these challenges, institutional demand for XRP shows signs of stabilization. Evernorth Holdings, a Ripple-backed firm, announced plans to raise over $1 billion via a Nasdaq listing to build an institutional-scale XRP treasury, according to a Finbold report. This initiative, supported by entities like SBI Holdings and Pantera Capital, could inject significant liquidity into the market if executed over 90 days. Ripple's CTO David Schwartz has clarified his limited advisory role in the project, quelling speculation about his deeper involvement, as noted in a TradingView report.

The market's mixed signals underscore the importance of a multifaceted analysis. While whale selling and regulatory delays pose risks, institutional accumulation, retail buying, and favorable technical patterns suggest a potential path for recovery. Investors are advised to monitor key levels, including $2.40 support and $2.60 resistance, as well as broader macroeconomic data, including U.S. inflation reports highlighted in an FXEmpire forecast.