What do they know? 140,000,000 XRP sold by Ripple Whales

Whales sold 140 million XRP as the price approached the resistance at $2.69. With overbought signals flashing, downside risks are increasing for XRP bulls.

Ripple’s XRP is trading around $2.62 at the time of writing, after rising from a seven-day low of $2.34. The token is up 8% over the past week, but shows little change over the past 24 hours, according to CoinGecko.

Market data now suggests that major investors may be taking a step back after the latest rally.

Large containers reduce exposure

Wallets holding between 1 million and 10 million XRP have reportedly sold more than 140 million tokens. This activity occurred as prices were rising, raising questions about the sustainability of this move.

The decline in whale holdings was echoed by analyst Ali Martinez, who noted a steady decline in large portfolio balances as XRP rose higher. This shift in positioning has raised concerns as similar patterns have occurred before price reversals. The message read,

$XRP is up 13% in recent days, but whales appear to be taking profits and offloading over 140 million tokens! pic.twitter.com/xDctWB3gDi

— Ali (@ali_charts) October 28, 2025

Furthermore, the TD Sequential indicator has given a sell signal on the daily chart of XRP, as reported by CryptoPotato. This instrument has seen several short-term reversals in recent months. While this signal in itself does not confirm a reversal, past performance suggests that this could be a warning sign for bulls.

XRP near resistance, momentum weakens

XRP is now testing the upper Bollinger Band near $2.69. The price broke out of the lower band earlier this month and is approaching a zone where previous moves have paused or reversed. Bandwidths remain tight, indicating a lack of strong volatility expansion.

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Meanwhile, the Stochastic RSI is showing overbought values. Both %K and %D are above 94 and a bearish crossover is forming. This setup has often marked short-term turning points in recent charts.

Important levels still in play

Analyst Man of Bitcoin has done that marked $2.53 as a level to watch. A break below this area may indicate that greater corrective movement is developing.

As recently reported by CryptoPotato, XRP is still tracking within a possible Wave 4 structure. The analysis showed that unless $2.82 is cleared, there could be another move down before a broader breakout attempt.