XRP has come under selling pressure following its recent all-time highs near the end of July. After briefly pushing above the $3.10 mark, bullish momentum faded, triggering volatility across the board. While XRP remains within its long-term bullish trend, buyers are losing control of short-term price action. The failure to maintain levels above $3.10 has led to growing concerns about a deeper correction, especially as broader market sentiment turns cautious.
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New data from CryptoQuant adds to the bearish outlook. Whale flows have sharply flipped into negative territory, indicating renewed distribution by large holders. This shift resembles the pattern seen earlier this year, when sustained outflows from whales preceded a multi-week correction. Unless this trend reverses with consistent accumulation from major players, XRP may remain structurally weak in the near term.
With the entire crypto market losing momentum, the coming days will be critical for XRP. Investors are watching closely to see whether long-term support holds or if distribution pressure escalates. The behavior of whales, combined with rising volatility and short-term bearish sentiment, suggests caution is warranted as XRP’s price action enters a decisive phase.
Whale Outflows Signal Caution for XRP As Market Faces Structural Weakness
According to CryptoQuant analyst The Enigma Trader, XRP’s on-chain metrics are flashing warning signs. The 90-day moving average (90DMA) of whale flow has sharply turned negative, signaling renewed distribution from large wallets. This pattern mirrors activity observed in January–February 2025, when XRP hit a local top before experiencing a sustained correction. During that period, consistent outflows from whale wallets coincided with growing selling pressure, leading to a sharp downturn in price.
While the current drawdown is milder and shorter in duration, the directional similarity is notable. The shift in whale flow suggests that large holders are reducing exposure, likely anticipating increased volatility or weaker demand in the near term. For XRP to regain bullish momentum, The Enigma Trader points out that the market needs to see a return of consistent positive whale flows, exceeding +5 million XRP per day. So far, there’s no clear sign of such activity.
Without renewed accumulation from institutional players or high-net-worth investors, the market may remain structurally weak….
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