Following the recent surge of interest around XRP ETFs, the market is seeing another wave of significant activity from large holders. Whale wallets have begun offloading tens of millions of $XRP signaling a shift in sentiment as the ETF-driven excitement cools.

This trend underscores the influential role of high-net-worth participants in cryptocurrency markets. Large-scale movements by whales can trigger notable price fluctuations and shape short-term market dynamics, even amid broader adoption narratives.

For investors and analysts, this development serves as a reminder of the need for vigilance. While ETF hype can attract new participants and drive momentum, the actions of major holders remain a decisive factor in XRP’s immediate price trajectory.