Whale Crypto Sells $780 Million Tokens, Will XRP Price Fall Below $2?

Jakarta, Pintu News – The price of XRP (XRP) has returned to the crucial level of $2 after failing to break the level several times, reflecting the uncertainty in the overall market.

Any attempt to break the short-term resistance level is always met with selling pressure, which makes the altcoin fall back near the psychological limit.

XRP holders caught in tug-of-war

The “whales” are starting to offload a large portion of their holdings. In the past seven days, wallets holding between 1 million and 10 million XRP have sold over 390 million XRP, worth over $783 million based on current prices.

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This level of distribution reflects the disappointment of high value holders who had expected a stronger price recovery. This kind of selling usually puts a great deal of pressure on market sentiment, especially if done by a group that can significantly affect liquidity.

However, amidst the whale selloff, long-term holders are resisting downward pressure. Data from HODL Waves shows that the share of XRP supply held by the 1 to 2-year holder group increased from 8.58 percent to 9.81 percent in the past week.

This signals increased confidence from holders who started collecting XRP less than a year ago and are now choosing to hold onto their assets amidst volatility. This consistency has helped stabilize the price of XRP at $2, cushioning the impact of the massive sell-off by whales.

XRP Price Has Declined

As of December 7, XRP was trading at $2.00, which is a very important psychological and technical support level. In recent days, the price movement has continued to return to this point, confirming its role in maintaining the market structure.

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With opposing pressures-selling by whales and accumulation by long-term holders-the XRP price is likely to remain in a range between $2.00 to $2.20, until there is a clear directional trigger. It will take a change in sentiment or an improvement in market conditions to break out of this consolidation pattern.

However, if the bearish momentum strengthens and the whale selloff intensifies, XRP could potentially break the support at $1.94. If that happens, the price could drop deeper towards $1.85, which would invalidate bullish expectations in the short term.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. XRP Whales Sell $780 Million, Will Price Fall Below $2? Accessed on December 8, 2025