Despite the success of its exchange-traded funds (ETFs), the XRP price has failed to gain momentum. With sentiment turning negative, large holders, known as whales, are now offloading their positions.
In just one week, these major players have moved or sold over 510 million XRP, worth more than a billion dollars. This continued selling pressure is leaving many traders wondering which direction the XRP price will head next.
Whales Dump XRP En Masse #
As reported in a previous article, whales dumped 150 million XRP last week. However, the selling did not stop there. In the following days, large holders continued to sell off their XRP en masse, bringing the total to 510 million XRP.
This is not an isolated incident but part of a broader trend. The selling pressure from major players has been building for months. Analyst Ali Martinez shows that wallets holding between 1 to 10 million XRP have been steadily reducing their holdings since September.
Whales sold 510 million $XRP in the past week!
— Ali (@ali_charts) December 7, 2025
Where this group held more than 6.5 billion XRP in the autumn, that amount has now fallen to approximately 3.8 billion.
With the arrival of five different XRP ETFs, it was hoped that, similar to Bitcoin and Ethereum, the XRP price would break out. Despite impressive capital inflows into the ETFs, this effect has been absent.
The massive whale sales may be a contributing factor. This past summer, we also saw with Bitcoin that despite good capital inflows into the ETFs, the price remained stuck. At that time, the movements of whales and long-term holders were the cause.
Analysts Expect an XRP Breakout #
Meanwhile, a notable pattern is forming on XRP’s hourly chart: a so-called symmetrical triangle. Since the end of November, the price has been moving between roughly $2.34 at the top and $1.99 at the bottom.
The closer XRP moves toward the apex of the triangle, the greater the likelihood of a sharp breakout. Martinez expects such a move, either up or down, could lead to a price difference of around 16%.
$XRP is set up for a 16% move once it breaks out of this triangle.
— Ali (@ali_charts) December 8, 2025
Various analysts are pointing to crucial levels. CryptoWZRD sees support just above $2.00 and states: “Above $2.27, we can expect further increases.”
Although the price is currently trapped in a tight pattern, different analysts are also looking at the long term. Analyst EGRAG, for instance, still sees XRP moving neatly within its long-term structure.
EGRAG even outlines a scenario in which XRP is in a large bull flag. If that eventually breaks out to the upside, a long-term price target of $20 could even come into view.