XRP Price Slides After Whale Distribution and Network Slowdown

TLDR

• XRP price fell more than 4.5% in 24 hours and is down 18% over the past month.
• XRP failed to hold above $1.30 and is now trading near the $1.10 level.
• Santiment data showed XRP whales distributed over 30 million tokens in the last five days.
• Whale holdings declined to around 3.78 billion XRP, according to Ali Martinez.
• Active XRP addresses dropped from about 50,000 to 25,000 within two weeks.

XRP extended its recent decline after losing more than 4.5% in 24 hours and 18% over the past month. The token failed to hold gains above $1.30 earlier this week and now trades near the $1.10 level. At the same time, fresh on-chain data points to whale selling activity and weaker network participation, while exchange-traded funds continue attracting capital.

XRP Price Faces Pressure as Whale Holdings Decline

XRP struggled to maintain upward momentum after sellers pushed the asset lower this week. The token lost ground following a rejection near $1.30 and continued trading close to $1.10. Market data also showed broader weakness across major digital assets.

Crypto analyst Ali Martinez highlighted a shift in whale behavior using Santiment data. He said XRP whales distributed more than 30 million tokens during the past five days. Their combined holdings declined toward 3.78 billion XRP during that period.

The selling trend contrasts with earlier reports from CryptoQuant. Those reports indicated that large XRP holders had largely avoided selling during previous market declines. However, the latest figures suggest some large holders have reduced their exposure.

Large transactions often affect short-term market sentiment. They can also increase available supply across trading venues. As a result, traders often track whale activity for signs of changing market conditions.

Another factor weighing on sentiment involves broader market uncertainty. Recent discussions focused on the latest Federal Open Market Committee meeting. Some market participants also pointed to concerns surrounding Strategy’s funding obligations.

Network Activity Drops as ETF Inflows Remain Positive

On-chain metrics showed weaker engagement across the XRP Ledger during recent weeks. Data shared by Martinez and Santiment revealed a sharp decline in active addresses. The figures pointed to reduced participation across the network.

Active XRP addresses fell from about 50,000 to roughly 25,000 within two weeks. Some trading sessions recorded fewer than 25,000 active wallets. The data showed a continued decline in daily network usage.

Lower activity often reflects reduced transaction demand across a blockchain network. Current figures place network participation well below recent levels. The decline arrived as XRP continued facing downward price pressure.

Despite those metrics, spot XRP exchange-traded funds continued attracting fresh capital. Fund flows remained positive even when comparable Bitcoin and Ethereum products recorded outflows. That trend has persisted throughout recent weeks.

According to SoSoValue data, XRP ETFs recorded $2.82 million in net inflows on Monday. Tuesday added another $5.30 million, while Thursday brought $2.55 million. Wednesday showed no reportable inflow or outflow activity.

Those inflows pushed cumulative net investments to a new record. SoSoValue data placed total cumulative net inflows at $1.45 billion. The figure marked the latest all-time high for spot XRP investment products.