A wave of shock swept through the XRP community after prominent X user Xaif revealed that whales sold over 719 million XRP in just 24 hours.
The scale of the sell-off, equivalent to more than $2.3 billion at current prices, has raised serious concerns about market sentiment and price stability as XRP battles to hold key support levels.
Whale Sell-Off Triggers Volatility On-chain data confirms significant XRP outflows from large wallets to centralized exchanges, often a prelude to major sell-offs.
The timing of this move coincided with a sharp uptick in XRP liquidations, with over $41 million in long positions wiped out in the derivatives market over the same 24-hour period.
These back-to-back events caused ripple effects across XRP trading pairs, briefly pushing the token below the critical $3.00 support zone before a modest rebound.
BREAKING #XRP Whales have sold over 719M XRP in the past 24 hours pic.twitter.com/E1e65X1Qi4 — Xaif Crypto | (@Xaif_Crypto) August 2, 2025 This isn’t the first time such large movements have raised alarms.
Just last week, over 759 million XRP were transferred in two separate whale transactions, including 16.8 million XRP sent directly to Coinbase.
While not all whale transfers confirm sales, such activity often reflects preparation for liquidation or strategic repositioning.
Mixed Signals from Whale Activity Despite the sell-off, on-chain trends reveal a more intricate landscape.
While some whales appear to be cashing out, others are quietly accumulating.
Reports from blockchain analytics platforms show that wallets holding between 1 million and 100 million XRP have increased in number over the past two weeks.
Since July 27, more than 310 million XRP have reportedly been added to whale holdings, suggesting long-term confidence remains even amid short-term volatility.
This divide among large holders, some exiting while others accumulate, underscores the growing uncertainty in the market.
XRP’s future, it seems, hinges not just on whale moves but also on broader macroeconomic and regulatory conditions.
We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Price Outlook and Technical Landscape XRP is currently trading between key levels, with strong resistance at $3.32 and support between $2.90 and $3.00. A breakdown below these levels could trigger further downside toward $2.65, a historically significant demand zone.
On the upside, reclaiming and holding above $3.30 could reignite bullish momentum toward the yearly high of $3.65. Traders are closely watching these zones, especially in light of heightened whale activity and rising market volatility.
Regulatory Pressure Adds to Uncertainty The ongoing uncertainty surrounding the SEC’s final position on Ripple continues to weigh heavily on XRP’s long-term trajectory.
Despite earlier legal victories, such as Judge Torres’ 2023 ruling that XRP sales on exchanges do not constitute securities offerings, regulatory silence has fueled speculation and fear.
This backdrop may be influencing some whale decisions to offload tokens, especially amid broader concerns about centralized token control and insider movement.
Xaif’s report of 719 million XRP sold in a single day has sent shockwaves through the XRP Army.
While such massive sell-offs are often seen as bearish, the broader context reveals a market in transition.
Whale behavior is divided, technical levels are under pressure, and regulatory silence continues to cast a long shadow.
Still, the resilience of XRP’s core investor base and signs of ongoing accumulation suggest the story is far from over.
The community is on high alert, closely monitoring price levels, whale activity, and waiting for market clarity in these pivotal times.
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