The tweet was deleted by the author.
But we saved everything 🙂.
Whales unload 40 million XRP as ETF launches disappoint
XRP’s price momentum faced renewed pressure this week as large holders liquidated significant positions, even as anticipation mounted around new exchange-traded fund (ETF) products tied to the cryptocurrency.
Whales controlling between 10 million and 100 million XRP sold a combined 40 million tokens in just 24 hours on September 12.
The aggressive selling suggests that whales remain skeptical about the durability of XRP’s rally, despite the launch of the REX-Osprey XRP ETF and broader market enthusiasm for potential ETF approvals expected next month.
Data from CryptoQuant also revealed that whale flows remain “extremely negative,” signaling persistent distribution pressure.
ETF launch fails to spark whale confidence
The ETF rollout was expected to bolster confidence, following the market’s positive reception of products like the REX-Osprey Solana + Staking ETF, which has recorded $205 million in inflows since its debut last month. Yet unlike Solana, XRP’s ETF prospects have been complicated by regulatory uncertainty, including the SEC’s recent delay of the Franklin Templeton XRP ETF application.
Trading data from Binance, Coinbase, and OKX indicated heavy sell orders placed above the $3.05 price level, along with short positions initiated between $3.30 and $3.60. These moves reflect whale positioning against a sustained rally and highlight doubts over whether institutional demand will materialize in sufficient strength.
Outlook and Risks Ahead
The selloff comes amid a broader environment where more than 99% of long-term XRP holders are in profit, encouraging profit-taking and adding to downward pressure.
With whales continuing to liquidate positions, analysts warn that ETF launches may not be enough to offset distribution-driven declines in the near term. Much will hinge on how regulators approach upcoming XRP ETF applications and whether institutional flows can stabilize sentiment. For now, whale activity points to continued caution, leaving retail traders to navigate a challenging backdrop.
We also informed XRP price leapt 1.57% after institutional flows surged on U.S. ETF anticipation.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Subscribe to TU news
Did you like the article?
Latest XRP News
Weekly Top Bonuses
Top News
Top 5 companies for you
United States
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
