Jakarta, Pintu News – In late November 2025, the crypto market showed interesting dynamics amid macro uncertainty and sentiment ahead of the Fed’s December 2025 rate cut. Behind the volatile price movements, the activities of whales – large investors who often influence market flows – took center stage.
In recent weeks, a number of major altcoins such as Dogecoin (DOGE), XRP (XRP), and Chainlink (LINK) have experienced large sell-offs or redistributions by whales. This raises the question: what are the reasons behind these massive crypto asset disposals, and what impact will they have on the future price outlook?
Over the past month, whales have sold or redistributed as much as 7 billion Dogecoin (DOGE).
Read also: Altcoin Season Back on Fire? Analysts Signal End of Bearish Cycle!
This information was revealed by on-chain analyst Ali (@ali_charts), who also shared a chart showing a significant downward trend in the number of DOGE holdings by addresses that own between 10 million and 100 million DOGE.
The chart shows a sharp decline in the amount of DOGE held by the whale group since mid-October 2025, which coincided with a drop in the price of DOGE from a range of around $0.25 to only around $0.143 on November 23, 2025.
The volume of holdings by this group fell from around 24.8 billion DOGE to 17.1 billion DOGE – a drastic drop that reinforces the signal of massive distribution.
This drop reflects negative market sentiment and possible concerns for Dogecoin’s short-term prospects. Selling pressure from whales is often an important indicator as it can cause panic among retail investors, accelerating the downward price trend.
In the past three days, the price of XRP (XRP) surged 17%, but this upward momentum was actually used by whales to realize profits. Based on data from @ali_charts, more than 180 million XRP tokens have been sold by large holders during this period.
The shared chart shows that while the price of XRP saw a significant rise to reach $2.20 on November 25, 2025, the number of XRP holdings by addresses holding between 1 million and 10 million tokens saw a sharp decline – from approximately 6.6 billion to 4.74 billion XRP. This is a strong indication that profit-taking is taking place among large investors.
This phenomenon is common in the crypto market, where short-term price spikes are often used by whales to sell some of their holdings. While this can create selling pressure in the short term, profit-taking can also open up new accumulation opportunities for retail investors if the price corrects.
Read also: Whale’s XRP Sell-off Reaches $4 Billion in November – Highest Since March 2023!
Over the past three weeks, whales have sold or redistributed more than 31.05 million Chainlink tokens (LINK). Based on data from on-chain analyst @ali_charts, this distribution action was carried out by addresses holding between 100,000 and 1,000,000 LINK, which are classified as large investors.
The graph shows a sharp downward trend in the number of tokens held by the whale group, which decreased from around 191.5 million to 158.5 million LINKs.
This decline came as LINK’s price weakened from highs of around $17.90 to lows near $11.75, before recovering slightly to $12.61 on November 24, 2025.
This selling pressure from large holders signals a lack of short-term conviction in LINK’s price movement, or it could be profit-taking after the previous rally. This kind of distribution action often creates technical pressure in the market and increases volatility.
However, for retail and institutional investors looking for accumulation opportunities in the correction phase, this could also be a signal to start monitoring for a potential reversal – especially if supported by macro factors or the future development of the Chainlink ecosystem.
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