## XRP in Turmoil: Billion-Dollar Capital Outflows from Whale Holdings

On-chain data reveal a dramatic shift in the behavior of the largest XRP holders. Over the past month, wallets holding from one million to one hundred million tokens have systematically reduced their positions, totaling one billion – or one thousand million – XRP sold in just four weeks. Santiment statistics show that the holdings of this investor group decreased from nearly five billion to approximately 3.62 billion XRP by mid-December.

## Phase of Systematic Position Reduction

The whale withdrawal process was not accidental – it followed a clear pattern. At the end of November, when supply peaked, major market players began a gradual exit. A pivotal moment occurred in early December, when the volume of held assets noticeably narrowed. By the second week of that month, selling intensity significantly increased, indicating a consistent strategy of reducing exposure throughout the four-week session. Such coordinated actions usually suggest that professional traders are aware of increasing market risks, rather than simply succumbing to panic.

## XRP Price Bounces Off Key Levels

At the same time, XRP price behavior perfectly synchronizes with these capital shifts. While the token attempts to break through the $2.10–$2.20 range, it records increasingly lower highs, and each upward impulse ends with a stronger decline than the previous one. According to the latest data, the current price is $2.07, down 1.70% over the past 24 hours, reflecting the growing selling pressure observed in the market since mid-December.

The recent wave of declines has pushed the price into the $1.88–$1.90 zone, where closing investors faced some resistance, but it was not enough to rebuild the previous price structure. At this stage, the largest wallets would typically serve as a stability guarantee, absorbing excess supply. However, continuous draining of positions eliminates this natural protective mechanism.

## Threats on the Horizon Without Capital Support

The outlook for XRP becomes particularly uncertain because the lack of new investments does not compensate for the growing capital gap. If on-chain data do not show stabilization or regeneration of assets in large wallets, further declines are foreseeable. The Top100 address concentration index of 67.64% emphasizes the importance of whale decisions for the entire market. Without a change in this trend or a sudden increase in interest, XRP could face another wave of depreciation.