🐋 XRP’s Breakout Faces $143M Whale Sell Pressure

XRP is caught in a tug-of-war — and whales are holding it back.

Over the past month, XRP has dropped nearly 10%, despite a mild 1.5% gain this week. The price remains trapped between $2.31–$1.98, showing no confirmed breakout.

The reason?

👉 Whales are selling into strength, while mid-term holders continue accumulating the dip.

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💾 Whale Activity: Selling Into Resistance

Recent on-chain data reveals major wallet movements:

🐋 100M–1B XRP wallets trimmed holdings from 8.32B → 8.27B XRP (Dec 7)

💰 10M–100M XRP wallets dropped from 11.01B → 10.99B XRP (Dec 8)

In total, about 70M XRP (~$143M) has been sold in just 48 hours.

While not a massive liquidation, it hits right as XRP is trying to stabilize — explaining why every breakout attempt keeps fading.

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📊 Accumulators Step In

Despite whale pressure, smaller and mid-term holders are quietly stacking.

1–3 month holders: up from 8.52% → 10.31%

3–6 month holders: up from 9.40% → 10.87%

This group usually accumulates when they believe selling pressure is easing — a bullish signal if momentum shifts.

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đŸ”ș Falling Wedge = Waiting Game

XRP’s chart is forming a falling wedge, a structure that often precedes bullish reversals — but only if buyers can break above resistance.

Key levels to watch:

Breakout confirmation: $2.46

Upside targets: $2.61 → $2.83 → $3.11

Support zone: $1.98 (below this = bearish risk toward $1.82)

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⚖ The Verdict

The market is balanced on a knife’s edge:

🐋 Whales are selling rallies.

💎 Dip buyers are keeping structure intact.

Until one side dominates, XRP will likely stay in consolidation — building pressure for the next big move.#USJobsData