A CryptoQuant analyst reported on August 7 that XRP's 90-day whale inflow has turned negative, echoing earlier bearish trends and heavy offloading that could deepen price weakness if not reversed.
Recent analysis shows that XRP's 90-day whale inflow turned negative on August 7, marking a shift from accumulation to significant offloading by large holders. Analysts note that over 720 million XRP have been sold in recent weeks, a pattern reminiscent of previous bearish cycles that led to severe price drops. Despite a modest 24-hour gain bringing XRP to $3.08 in a narrow trading range, experts warn that unless daily inflows rebound to over 5 million XRP, the token may face continued structural weakness and potential further declines.