XRP Whales Unload Massive Bags: Distribution Or Trap?
CryptoQuant's analysis indicates significant distribution of XRP by large holders, with a 30-day moving average of whale flow showing sustained negative outflows. The data reveals that after XRP's price increase above $1 in late December 2024 to approximately $3.40 by mid-January 2025, whale flow turned negative, reaching a low of around −60 million to −70 million XRP. A brief positive flow occurred from April to June 2025, coinciding with a price drop below $2.00. However, negative flow resumed in mid-July as XRP reclaimed $2.60, indicating renewed distribution by whales. The current whale flow remains negative at approximately −40 million XRP, suggesting large holders continue to supply the market. For price trends to continue positively, either whale distribution must decrease or external demand must increase to absorb the supply. XRP is currently trading at $3.00.
