Image by WorldSpectrum from Pixabay  

XRP whales have recently initiated a massive sell-off, dumping approximately 70 million XRP tokens, valued at $178 million, in just 48 hours. These significant liquidations come amid growing market uncertainty, and the cryptocurrency is now teetering near fragile support at $2.50. With XRP trading at $2.54, analysts are concerned that continued selling could lead to a potential retest of the $2.00 support level.

XRP Whales Spark Sell-Off, Price Faces Pressure

The recent sell-off was led by wallets holding between 100,000 and 10 million XRP. Santiment’s on-chain data reveals that these large holders have sold off a substantial amount, signaling possible bearish sentiment.

“Historically, such whale activity often precedes short-term price declines,” noted Ali Martinez, sharing his findings on social media.

70 million $XRP sold by whales in 48 hours! pic.twitter.com/ZxdyEJJHvp

— Ali (@ali_charts) October 25, 2025

Currently, XRP struggles to hold above the key $2.50 support zone. This massive sell-off has largely influenced the cryptocurrency’s price action. If XRP whales continue unloading, the price could slip further and approach the $2.00 level.

Despite recent bearish pressure, technical indicators suggest a potential long-term breakout for XRP. Analysts point to a prolonged consolidation phase since January 2025, where XRP has traded within a narrow range. This accumulation pattern often signals that a sharp directional move could be on the horizon.

According to ChartNerd’s analysis, breaking the $2.60 resistance level could trigger a breakout for XRP. If this occurs, the cryptocurrency may target the 1.618 Fibonacci extension, which projects an upside towards $5 to $6. Additionally, the weekly 55-day exponential moving average (EMA) remains a crucial support level, helping maintain XRP’s bullish structure.

$XRP has been in vertical accumulation since Jan 2025.

The coming breakout will be explosive. The 1.618 FIB extension on this move points towards $5/$6 once resistance blocks in the $2.60 range are cleared.

The weekly 55 EMA (blue line) is key support. Hope yall are ready 🚀 pic.twitter.com/9qzzDGv0bk

— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) October 25, 2025

XRP Gains 3% Amid ETF Uncertainty

XRP’s future performance will depend on several broader fundamental factors. Market participants are eagerly awaiting the potential approval of a spot XRP exchange-traded fund (ETF), which was initially expected in October but has now been delayed due to the U.S. government shutdown. Meanwhile, Ripple’s plan to raise $1 billion to establish an XRP treasury is also seen as a positive development.

At press time, XRP price is trading at $2.54, representing a 3% gain over the past 24 hours. Despite the whale sell-off, the cryptocurrency remains resilient, having rallied nearly 8% in the past week. However, XRP’s ability to reclaim the $2.60 resistance and turn it into support is key to targeting $3 in the coming days.

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