Renewed negative whale flows indicate significant XRP offloading, echoing historical bearish patterns that preceded steep price declines and prompting concerns over potential sustained downward pressure.
Analysts report that large XRP holders are offloading, with CryptoQuant flagging a negative shift in the 90-day average whale inflows. Historical parallels to earlier bearish phases, including over 720 million XRP offloaded recently, raise alarms for potential price declines. XRP currently trades at $3.08, with technical indicators showing a narrow range between $2.95 and $3.10 and an RSI near 54.