Whales Boost XRP Holdings as Price Continues Decline

XRP's price continues to slide, down about 4% in the past 24 hours and 12% from its recent high. This technical weakness contrasts with on-chain data showing that large holders, or whales, have been increasing their exposure to XRP.

According to Santiment and Whale Alert, addresses holding between 1 million and 10 million XRP have boosted their balances by nearly 2% over the past week. Historically, such accumulation has preceded a price reversal.

The divergence between retail sentiment, which remains cautious, and whale behavior adds complexity to the near-term outlook. A break below $2.20 could open the door to further losses toward the $2.00 psychological level.