Large XRP Whales Sold $800 Million, Will Price Drop Again?

XRP has faced sustained downward pressure, but on-chain data reveals that large holders (whales) holding 100 million to 1 billion XRP sold over $800 million in the last month. Crucially, this supply was absorbed by smaller whales (1 million to 100 million XRP), often considered "strong hands," preventing a spike in broader market supply and limiting bearish momentum. Furthermore, XRP's Liveliness metric has dropped to a three-month low, indicating that long-term holders are not distributing their assets, which historically precedes trend reversals. Technically, XRP broke out of a descending wedge pattern, projecting a move toward $2.10, though immediate resistance is at $1.93, with $1.86 serving as key support.

(Source：BeInCrypto)