The 90DMA whale flow for XRP has sharply flipped into negative territory, reflecting renewed outflows from large wallets. A comparable pattern unfolded in January–February, when a local price top coincided with sustained whale distribution and a subsequent correction.

While the current drawdown is both shorter in duration and less extreme in depth, the directional alignment is noteworthy. Unless we see sustained positive whale flows (>+5M XRP/day), the market may remain structurally weak. At present, there is no sign of consistent accumulation from large holders, a key component for a constructive trend reversal.

Written by The Enigma Trader