XRP price has returned to the critical $2 level after repeated failed breakout attempts, reflecting uncertainty across the market.  Each attempt to rally above near-term resistance has been met with selling pressure, pulling the altcoin back toward this psychological floor. XRP Holders Are In A Tug Of War Whales have begun offloading substantial portions of their holdings. Over the past seven days, wallets holding between 1 million and 10 million XRP have sold more than 390 million XRP, worth over $783 million at current prices.  This level of distribution shows clear frustration among high-value holders who expected a stronger recovery. Such selling typically weighs heavily on market sentiment, especially when driven by a cohort that can significantly influence liquidity. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. XRP Whale Holding. Source: Santiment Despite whale distribution, long-term holders are counteracting downward pressure. HODL Waves data shows that the share of XRP supply held by the 1-year to 2-year cohort increased from 8.58 percent to 9.81 percent in the past week.  This signals growing conviction among maturing holders who acquired XRP less than a year ago and are now opting to retain their tokens through volatility. This steadiness is helping stabilize XRP at $2, softening the impact of whale selling. XRP HODL Waves. Source: Glassnode XRP Price Notes A Dip XRP is trading at $2.00 at the time of writing, a crucial psychological and technical support level. In recent days, price movements have repeatedly gravitated back to this point, confirming its importance in maintaining market structure. Given the opposing pressure from whale selling and long-term holder accumulation, XRP will likely remain rangebound between $2.00 and $2.20 until a clear directional catalyst emerges. A shift in sentiment or improved market conditions would be needed to break this consolidation pattern. XRP Price Analysis. Source: TradingView However, if bearish momentum strengthens and whale selling accelerates, XRP could fall through the $1.94 support. Such a breakdown would expose the price to a deeper decline toward $1.85, invalidating any near-term bullish expectations.XRP price has returned to the critical $2 level after repeated failed breakout attempts, reflecting uncertainty across the market.  Each attempt to rally above near-term resistance has been met with selling pressure, pulling the altcoin back toward this psychological floor. XRP Holders Are In A Tug Of War Whales have begun offloading substantial portions of their holdings. Over the past seven days, wallets holding between 1 million and 10 million XRP have sold more than 390 million XRP, worth over $783 million at current prices.  This level of distribution shows clear frustration among high-value holders who expected a stronger recovery. Such selling typically weighs heavily on market sentiment, especially when driven by a cohort that can significantly influence liquidity. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. XRP Whale Holding. Source: Santiment Despite whale distribution, long-term holders are counteracting downward pressure. HODL Waves data shows that the share of XRP supply held by the 1-year to 2-year cohort increased from 8.58 percent to 9.81 percent in the past week.  This signals growing conviction among maturing holders who acquired XRP less than a year ago and are now opting to retain their tokens through volatility. This steadiness is helping stabilize XRP at $2, softening the impact of whale selling. XRP HODL Waves. Source: Glassnode XRP Price Notes A Dip XRP is trading at $2.00 at the time of writing, a crucial psychological and technical support level. In recent days, price movements have repeatedly gravitated back to this point, confirming its importance in maintaining market structure. Given the opposing pressure from whale selling and long-term holder accumulation, XRP will likely remain rangebound between $2.00 and $2.20 until a clear directional catalyst emerges. A shift in sentiment or improved market conditions would be needed to break this consolidation pattern. XRP Price Analysis. Source: TradingView However, if bearish momentum strengthens and whale selling accelerates, XRP could fall through the $1.94 support. Such a breakdown would expose the price to a deeper decline toward $1.85, invalidating any near-term bullish expectations.

XRP Whales Sell $780 Million, Will Price Fall Below $2?

2025/12/08 06:30

XRP price has returned to the critical $2 level after repeated failed breakout attempts, reflecting uncertainty across the market. 

Each attempt to rally above near-term resistance has been met with selling pressure, pulling the altcoin back toward this psychological floor.

XRP Holders Are In A Tug Of War

Whales have begun offloading substantial portions of their holdings. Over the past seven days, wallets holding between 1 million and 10 million XRP have sold more than 390 million XRP, worth over $783 million at current prices. 

This level of distribution shows clear frustration among high-value holders who expected a stronger recovery. Such selling typically weighs heavily on market sentiment, especially when driven by a cohort that can significantly influence liquidity.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

XRP Whale HoldingXRP Whale Holding. Source: Santiment

Despite whale distribution, long-term holders are counteracting downward pressure. HODL Waves data shows that the share of XRP supply held by the 1-year to 2-year cohort increased from 8.58 percent to 9.81 percent in the past week. 

This signals growing conviction among maturing holders who acquired XRP less than a year ago and are now opting to retain their tokens through volatility. This steadiness is helping stabilize XRP at $2, softening the impact of whale selling.

XRP HODL WavesXRP HODL Waves. Source: Glassnode

XRP Price Notes A Dip

XRP is trading at $2.00 at the time of writing, a crucial psychological and technical support level. In recent days, price movements have repeatedly gravitated back to this point, confirming its importance in maintaining market structure.

Given the opposing pressure from whale selling and long-term holder accumulation, XRP will likely remain rangebound between $2.00 and $2.20 until a clear directional catalyst emerges. A shift in sentiment or improved market conditions would be needed to break this consolidation pattern.

XRP Price Analysis. XRP Price Analysis. Source: TradingView

However, if bearish momentum strengthens and whale selling accelerates, XRP could fall through the $1.94 support. Such a breakdown would expose the price to a deeper decline toward $1.85, invalidating any near-term bullish expectations.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Share
BitcoinEthereumNews2025/09/18 00:25
EUR/USD posts modest gains near 1.1650 amid Fed rate cut bets

EUR/USD posts modest gains near 1.1650 amid Fed rate cut bets

The post EUR/USD posts modest gains near 1.1650 amid Fed rate cut bets appeared on BitcoinEthereumNews.com. The EUR/USD pair posts modest gains around 1.1645 during the early Asian session on Monday. The prospect of a US Federal Reserve (Fed) rate cut at its December meeting on Wednesday could weigh on the US Dollar (USD) against the Euro (EUR). Later on Monday, the German Industrial Production and Eurozone Sentix Investor Confidence reports will be published.  Markets are currently pricing in a nearly  87% probability of a 25 basis points (bps) rate reduction, which would bring the federal funds rate down to a target range of 3.75%-4.00%. Traders will closely monitor the press conference and a Summary of Economic Projections, or ‘dot-plot,’ for fresh impetus. If the US central bank delivers a “hawkish cut,” this could support the Greenback and act as a headwind for the major pair.  “We expect to see some dissents, potentially from both hawkish and dovish members,” said BNY’s head of markets macro strategy Bob Savage in a note to clients. Across the pond, the Eurozone inflation came in slightly higher than expected in November, reducing the immediate pressure for a rate cut from the European Central Bank (ECB). Economists expect the ECB to keep rates on hold at the upcoming meeting on December 18. Growing expectation that the ECB is done cutting interest rates could underpin the EUR against the Greenback in the near term.  Goldman Sachs analysts anticipate the deposit rate will stay at 2.0% throughout 2026 unless inflation significantly decreases. Meanwhile, Deutsche Bank economists see a probability of a 25 basis point (bps) rate hike by the end of 2026, citing inflationary pressure. Euro FAQs The Euro is the currency for the 20 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions,…
Share
BitcoinEthereumNews2025/12/08 10:03
Robinhood’s Bold Crypto Acquisition In Indonesia

Robinhood’s Bold Crypto Acquisition In Indonesia

The post Robinhood’s Bold Crypto Acquisition In Indonesia appeared on BitcoinEthereumNews.com. Strategic Expansion: Robinhood’s Bold Crypto Acquisition In Indonesia Skip to content Home Crypto News Strategic Expansion: Robinhood’s Bold Crypto Acquisition in Indonesia Source: https://bitcoinworld.co.in/robinhood-crypto-acquisition-indonesia/
Share
BitcoinEthereumNews2025/12/08 09:47