- XRP’s price drop to $2 followed whale sell-offs.
- Institutional interest in XRP ETFs grows.
- Long-term holders absorbing XRP supplies.
XRP has fallen back to $2 as major holders offload significant amounts, with market data showing heavy selling by large investors alongside increased buying by long-term holders and institutions.
The shift signals a dynamic market where short-term profit-taking by whales meets sustained accumulation by long-term players, impacting XRP’s immediate and future liquidity profile.
The price of XRP recently slid back to $2 amidst heavy selling by significant holders, often referred to as whales. Meanwhile, long-term holders have been accumulating the cryptocurrency, as reflected by persistent inflows into ETFs that include XRP.
Ripple Labs, led by CEO Brad Garlinghouse and CTO David Schwartz, continues to focus on cross-border payments. Institutional investors and large wallets are increasing their XRP holdings through ETF mechanisms, despite whale-driven volatility.
The immediate effect of whale sell-offs has been a price decline, while ETFs report substantial inflows into XRP. These moves suggest a dual dynamic: short-term volatility balanced by a robust long-term accumulation trend driven by large financial entities.
Ali Martinez, On-chain Analyst, – “XRP has formed a strong demand wall around $2, where a large number of addresses previously accumulated; if price returns to this zone, it often attracts renewed buying interest.”
Financial implications include a potential decrease in immediate XRP liquidity on exchanges. However, on-chain data shows long-term confidence with active purchasing by institutional investors. This dynamic is expected to sustain XRP’s infrastructure development and market stability.
