XRP is facing more troubles after the massive sale of 200 million tokens by large investors in 48 hours; Will it fall to 2 dollars soon?

XRP is facing renewed selling pressure after major holders disposed of nearly 200 million tokens in just 48 hours, adding momentum to an already fragile market structure.

In this regard, wallets holding between 1 million and 10 million XRP have drastically reduced their balances, marking one of the steepest declines in two days in whale holdings this quarter, according to on-chain data from Santiment shared by Ali Martinez.

The liquidation aligns with the ongoing bearish trend of XRP, as prices move toward the lower end of their range.

Whale activity shows that large investors are consistently reducing their exposure, indicating a decrease in confidence.

If the bearish momentum accelerates, XRP could retest the critical support zone of 2 dollars, and if it fails to maintain above it, it could suffer even greater losses.

This potential decline comes at a time when XRP has recorded 716 whale transactions worth over 1 million dollars each, the highest figure in four months and a strong signal of renewed activity from large holders.

This surge raises questions about whether whales are accumulating or liquidating positions, as spikes in high-value transfers often precede significant price movements.

If whales are buying, the activity could support a short-term rally; if they are distributing, it could reinforce the current bearish trend and increase the risk of a more pronounced correction.

At current levels, XRP remains well below its key simple moving averages, indicating sustained bearish pressure. $XRP