XRP Selloff: Whales Shed Coins Worth $1 Billion In A Week

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2.017
-3.66%

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+1.08%

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#TrumpTariffs On-chain data shows the XRP whales have distributed a significant amount during the past week, a sign of negative sentiment among large holders.

#WriteToEarnUpgrade XRP Whales Have Shed 510 Million Tokens From Their Holdings

As announced by analyst Ali Martinez in a new post on X, XRP whales have participated in a notable amount of selling recently. A “whale” is typically defined as an XRP investor holding between 1 million and 10 million tokens. At the current exchange rate of the cryptocurrency, this range converts to $2 million at the lower end and $20 million at the upper one.