In the past week, many XRP tokens, 510 million to be exact, were moved by big investors. This caught the attention of everyone in the crypto market. Data shows that these big investors, often called ‘whales,’ are holding less XRP, and certain patterns are appearing on price charts. This suggests that the market might be getting ready for a significant change.
Big Investors’ Actions Affect Price
According to an expert named Ali Martinez, wallets that hold a lot of XRP (between 1 million and 10 million tokens) significantly reduced their holdings between September and early December. These wallets used to hold over 6.5 billion XRP in September, but by December 7, they held only about 3.84 billion. This means they sold a lot of their XRP.
Whales sold 510 million $XRP in the past week! pic.twitter.com/1mLbxH5Z3t
— Ali (@ali_charts) December 7, 2025
The price of XRP also went down during the same time. This price drop happened because both large investors and those who trade for short periods were consistently selling. It was also reported earlier that about 140 million XRP were recently moved or sold by these big wallets.
Price Pattern Shows a Break Might Be Coming
On the 1-hour chart for XRP against USDT (a common way to trade crypto), a pattern called a symmetrical triangle has formed. This means the price of XRP has been moving back and forth between $2.34 and $1.99 since late November. Right now, XRP is trading around $2.05, and it’s getting close to the end of this triangle pattern. Martinez believes the price is about to ‘break out,’ meaning it will move strongly either up or down.
If the price moves outside this triangle pattern, it could lead to a 16% change in price. If XRP goes up, the next price level to watch is around $2.38 to $2.40. If it goes down from its current level, the price could drop to about $1.72 to $1.75.
Another expert, CryptoWZRD, also looked at XRP’s price and saw that it has ‘support’ near $2.00. Support is a price level where a cryptocurrency tends to stop falling and might start to go up again. He said:
“If the price goes above $2.27, we should see it go up even more.”
For shorter time frames (like hourly charts), $2.1 is a ‘resistance level.’ This is a price level where a cryptocurrency tends to stop rising and might start to fall. If the price stays above $2.1, it might go towards $2.27. But if it drops below $1.97, it means the price is likely to go down for short-term trades.
Looking at the daily price movements, it’s unclear which way the price will go. The weekly price structure has shown a little bit of weakness. However, when comparing XRP to Bitcoin (XRP/BTC), a pattern called a ‘double bottom‘ is forming. This pattern usually suggests that the price might go up if it is confirmed.
Long-Term Outlook Still Positive
Analyst EGRAG CRYPTO believes that XRP is still following its long-term path. They wrote:
“The worst thing that could happen seems to be a return to $1.00.”
The current price is still above the 21 EMA (Exponential Moving Average), which is a line on a chart that helps show the average price over a certain period. When the price is above this line, it usually means the upward trend is still continuing.
EGRAG sees the market as being in a long-term ‘bull flag‘ pattern. This pattern often suggests that the price will continue to rise after a brief pause. They set a target of $20 if the price breaks upwards from this pattern, with even higher targets around $35 and $200 based on their larger price charts. They added: “Bull flags do not end quietly,” suggesting that there could be a very strong price move after this current period where the price isn’t moving much.
The post 510,000,000 XRP Dumped by Whales Last Week: Good or Bad News for Ripple Prices? appeared first on CryptoPotato.
