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Like the broader crypto market, XRP suddenly dipped due to unrest in Japan. However, the market recovered, and XRP surged by 10 percent.
This is remarkable, especially since a massive amount of XRP is being sold. In total, large wallets moved around 150 million XRP within 48 hours.
XRP is one of the few coins in the red today, dropping to $2.16. The market is now asking: which direction will the price go next?
Whales sold or redistributed another 150 million $XRP in the past 48 hours. pic.twitter.com/Uk7fIKnMLJ
— Ali (@ali_charts) December 2, 2025
Whales Sell Millions of XRP #
According to on-chain data, wallets holding between 1 and 10 million XRP have been gradually reducing their holdings over the past few months. The recent sale of 150 million tokens fits a pattern that has been visible since September.
In October and November, these large players sold over 1.5 billion XRP, with 460 million sold in just four days.
Despite this, XRP is holding up remarkably well. The token has repeatedly held the support zone between $1.85 and $1.95. Each time this level was tested, buyers returned to the market.
Additionally, the price recently broke through a descending trendline that had been in place since the summer, which analysts suggest could be a significant structural change.
If XRP were to dip below the support zone, a fall towards previous lows would be on the cards. But as long as the range remains intact, analysts see room for a new upward wave.
ETFs Absorb the Selling #
November was a historic month for XRP. Five exchange-traded funds (ETFs) were launched, and they were also very successful. While Bitcoin and Ethereum suffered losses in November, XRP managed to attract capital.
The expected price breakout, however, did not materialize. The enormous whale sales may be a reason why. The inflows from the ETFs may have absorbed a potential price decline.
This was also the case with Bitcoin: large sell-offs were absorbed by institutional capital inflows.
It was these massive whale sales that prevented the BTC price from breaking out further above $126,000.
Key Levels: $2.25 and Beyond #
Nevertheless, there are also positive signals to look at. For instance, over 40,000 account interactions were recently registered, and more and more developers are experimenting with AMM (Automated Market Maker) functions.
For the bulls, the first real challenge lies at $2.25. According to various analysts, this is where the nearest sell wall is located. If that level is convincingly broken, $2.60 comes into view as the next hurdle.
Some are even more optimistic: CRYPTOWZRD sees $2.27 as the level at which an acceleration could occur towards $2.75, provided that zone is firmly held.