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📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
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#HotTopicDiscussion# XRP Whales’ Sales Slow Down: What Does It Mean for the Price?
In the first half of May, the price of XRP increased by more than 20%. Recent data suggests a significant shift in XRP whale behavior.
After months of heavy selling, whale wallets have begun to slow down their sales. This shift brings hope for a new potential rally in XRP.
XRP Whales Have Stopped Selling: A New Era Begins
XRP whales aggressively sold their holdings in early 2025, pushing net flows into deep negative territory.
This suggests that large investors are exiting their positions, taking advantage of the high liquidity and price momentum. Selling pressures prevented XRP from moving beyond $3.38, causing it to fall more than 50% in April to $1.60.
However, recent data suggests a shift in momentum.
Crypto Season’s analysis shows that the large-scale sell-off has almost stopped. The 30-day moving average Whale Flow chart shows an upward trend in net flow bars and a significant decrease in selling pressure.
While this is not yet a full reversal, Season remains optimistic.
‘Whale flow reversals often precede sustained recoveries. This reversal can provide an early signal of a bottoming phase. Combined with a resilient price, this flow reversal is worth watching closely,’ he said.
Other market indicators also look promising. XRP’s daily spot trading volume has more than doubled to surpass $10 billion, reflecting increasing investor demand.
Community sentiment is high. Approximately 88% of investors have expressed a positive view of XRP.
The data also shows an 11% increase in wallets holding XRP in 2025 alone, further evidence of growing community interest.
He attributed this increased interest to Missouri’s approval of House Bill 594, which would repeal capital gains taxes on cryptocurrencies including Bitcoin and XRP.
“If passed, people in the state will be able to deduct all capital gains taxes on profits they make from assets like Bitcoin and XRP. This means that anyone who makes money trading these assets will not have to pay taxes on those gains — and that’s big news for cryptocurrency investors in the U.S.,” XRP Mining said.
Analysts Point to Liquidity in XRP Price Action
Analyst Dom emphasized the importance of liquidity in a recent post. He stated that liquidity determines XRP’s upside potential, not just its market cap.
His research shows that a net inflow of just $61 million could increase XRP’s market cap by $16.6 billion. This highlights how sensitive XRP is to changes in liquidity.
‘…market cap is irrelevant — all that matters is liquidity,’ Dom said.
As trading volume increases and whale selling pressure decreases, XRP appears well-positioned to attract new capital.
But if Dom’s analysis is correct, it’s also a warning. XRP’s market cap could plummet with net outflows of just tens of millions of dollars.