XRP Whales Dump $6B in Weeks Amid 30% Price Crash Risk

XRP has experienced significant sell-offs by whale investors, with over $6 billion worth of tokens sold since mid-July, sparking fears of a potential 30% price crash. Large holders, including Ripple co-founder Chris Larsen, have offloaded substantial amounts, signaling weakening market momentum and structural fragility across altcoins. On-chain data shows negative whale flows similar to patterns observed before prior major corrections in early 2025, coinciding with price declines from peaks near $3.60 to lows below $2. The cryptocurrency must hold above critical support levels around $2.65 to avoid a further steep drop toward $2, as bearish divergences in technical indicators point to fading buying pressure. Despite some recent buying activity from exchanges like Korea's Upbit, overall whale accumulation is lacking, and futures market data reveal increasing short positions and declining trading volumes. Analysts warn that without sustained positive whale flows and accumulation by large holders, XRP's market structure remains weak, making a significant correction likely in the near term.