XRP News Today: XRP Whales Slow Sell-Offs, Price Surges 20%

In the first half of May, XRP’s price surged over 20%. Recent on-chain data reveals a significant shift in the behavior of XRP whales — large wallets holding substantial amounts of the token. After months of heavy selling, whale wallets have begun to slow their sell-offs. This change brings hope for a new potential rally in XRP.

XRP whales aggressively sold off their holdings in early 2025, pushing net flows deep into negative territory. This indicates that large investors capitalized on high liquidity and price momentum to exit their positions. Their selling pressure prevented XRP from climbing beyond $3.38 and caused it to plunge over 50%, down to $1.60 in April.

However, recent data suggests a shift in momentum. Kripto Mevsimi’s analysis shows that large-scale selling has nearly stopped. The 30-day moving average Whale Flow chart reveals an upward trend in net flow bars, which indicates a significant reduction in selling pressure. Although this isn’t a full reversal yet, Mevsimi remains optimistic. “Whale flow reversals often precede sustainable recoveries. This shift may offer an early signal of a base-building phase. Combined with resilient price, this flow inflection is worth watching closely,” Mevsimi said.

Beyond on-chain metrics, other market indicators also look promising. XRP’s daily spot trading volume has more than doubled, reflecting rising investor demand. Notably, community sentiment is high, with around 88% of investors expressing a positive outlook on XRP. Additionally, data reveals an 11% increase in XRP-holding wallets in 2025 alone — proof of growing community interest. This rising interest is attributed to Missouri’s approval of House Bill 594, which eliminates capital gains tax on cryptocurrencies, including Bitcoin and XRP. “If it passes, it would let people in the state deduct all capital gains taxes from profits made on things like Bitcoin and XRP. That means if someone makes money trading these assets, they won’t have to pay taxes on those gains — and that’s major news for crypto investors in the US,” XRP Mining said.

Analysts highlight liquidity as a key factor behind XRP’s price movement. Dom emphasized the importance of liquidity in a recent post. He pointed out that liquidity, not just market cap, determines XRP’s breakout potential. His research shows that just $61 million in net inflows could boost XRP’s market cap by $16.6 billion. This underscores how sensitive XRP is to liquidity changes. “…market cap is irrelevant — all that matters is liquidity,” Dom said. With trading volume surging and whale selling pressure easing, XRP appears well-positioned to attract fresh capital. However, if Dom’s analysis is accurate, it also serves as a warning. XRP’s market cap could drop just as quickly with only tens of millions in net outflows.

In summary, the slowdown in XRP whale sell-offs signals a potential shift in the token's price trajectory. The reduction in selling pressure, coupled with increasing investor demand and positive community sentiment, suggests that XRP may be entering a new phase of price movement. However, the sensitivity of XRP to liquidity changes means that its market cap could be volatile, requiring close monitoring of net inflows and outflows.