- •Whales dump 440 million XRP, sparking fear across the market.
- •Technical indicators reveal weakening momentum and rising bearish pressure.
- •Traders await signals of recovery as XRP struggles near key support.
According to Ali, whales holding between one million and ten million XRP have sold about 440 million tokens in just one month. His report highlighted a significant decline in holdings by these large investors, suggesting a possible change in market sentiment.
This large‑scale sell‑off has created renewed tension across the XRP community, raising concerns about how such heavy whale activity could impact price stability.
The data shared by Ali also indicates that these whales, often considered key market movers, have shifted from accumulation to liquidation. This move implies growing caution among institutional and high‑value investors.
As whale activity typically reflects confidence levels in an asset’s outlook, the current sell‑off points to a more defensive trading posture within the XRP market.
440 million $XRP sold by whales in the last 30 days! pic.twitter.com/qIQ9I2fYML
— Ali (@ali_charts) October 8, 2025
Technical Indicators Show Bearish Market Conditions
Recent technical indicators show that XRP is facing persistent downward pressure. TradingView data indicates that XRP is trading near $2.79, recording a daily decline of about 2.95%.
The Relative Strength Index (RSI) has dropped to 41.44, indicating that bearish sentiment remains dominant. Additionally, XRP is moving closer to the lower Bollinger Band, indicating increased volatility and possible oversold conditions if the trend deepens.
Moreover, the 20‑day simple moving average is currently at $2.89, serving as a short‑term resistance level. The upper Bollinger Band at $3.06 remains a strong ceiling for price recovery, limiting bullish momentum. Hence, the combined effect of these indicators suggests that XRP may face extended weakness unless buying volume improves significantly.
If selling pressure continues, XRP could test the support level near $2.72. A failure to hold above this line may trigger further declines, especially if whale liquidation persists.
What Lies Ahead for XRP Traders
According to Ali, the 440 million XRP dump represents one of the most notable whale movements seen this year. He emphasized that monitoring whale wallet activity remains crucial in understanding potential market reversals.
Looking ahead, XRP’s next direction may depend on whether new buyers step in to absorb the recent sell pressure. A rebound above $2.89 could help restore confidence and spark a short‑term recovery. However, sustained selling from large holders may keep prices under pressure in the near term.