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BlockNews
Home CRYPTO

XRP Slides but Whales Keep Loading Up Above $2 Support — Here is What Traders Should Watch Next

Gary Ponce by Gary Ponce
December 1, 2025
in CRYPTO, FINANCE, OPINION, RIPPLE XRP
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  • XRP whales added millions while overall holdings among top wallets reached 85% of supply.
  • Price struggles near $2 with weak momentum and negative oscillator readings.
  • RSI suggests early stabilization, but no clear reversal signs are confirmed yet.

XRP whales have been moving in silence again, reshaping their holdings even while the token fights through heavy downward pressure. Fresh data from community watcher Mullen shows that the top 10,000 XRP wallets now hold a massive 51.39 billion XRP — more than 85% of the circulating supply. But what’s more interesting is the recent activity: a flurry of accumulation, new wallets popping up, and some large shuffles that look more like repositioning than panic.

Just in the past day, 78 new wallets scooped up 77.324 million XRP altogether. One of them absorbed 35 million XRP in a single move, another grabbed 3.63 million, and six more added roughly 1.99 million each. On top of that, 44 new wallets each acquired more than 300 million XRP, while 246 already-active wallets padded their balances with another 17.91 million XRP. It’s a messy mix of accumulation, redistribution, and whale-level chess.

Some Outflows, but Mostly Rotation — Not Exit

Not everything flowed inward, though. A few wallets recorded outflows, including one belonging to Bithumb’s exchange, which sent out 2.819 million XRP and now holds 1.785 million. Analysts say these movements look like normal exchange operations — customer withdrawals, routine reorganizing — rather than bearish action. Overall, the pattern points to rotation within the rich list, not a drain. Whales appear to be shifting positions, waiting for the next big nudge in market structure.

Xrp Millionaires List

XRP Fights to Hold $2 After Weekly Losses

Price-wise, XRP has had a rough stretch. It’s hovering around $2.03 after dropping 7.18% in the past 24 hours and about 6% over the week. The token slipped below the mid-range level where it spent most of 2024 and 2025 consolidating. That breakdown puts extra pressure on the bulls, especially with the long-term trendline from previous swing highs still acting as a strong resistance ceiling.

The Range Oscillator doesn’t look great either — sitting at a deep -129 points, which is usually a signal that buying strength is weak and reactive instead of confident. According to DDA Pro’s risk analysis, XRP is down near -29.35% in its current condition, showing low demand and fading volatility. With its percentile ranking at around 89%, the coin has been highly volatile but mostly on the downside.

RSI Hints at Stabilization… but Bears Still Have a Grip

The technical outlook shows XRP in a correction phase after its big moves earlier in the cycle. The RSI (14) is sitting at 40.11, barely above the oversold threshold. That tells us selling pressure is still here, but the worst might be cooling off. If RSI dips below 40 again, price could keep sliding; if it climbs above 40 and holds steady while XRP maintains a level above $2, it could hint at early accumulation heading into 2026.

Right now, though, the gap between price and moving averages is still wide — meaning a confirmed reversal hasn’t formed yet. Bulls aren’t fully back, and bears aren’t fully done. Here is where the next few days might show whether XRP is stabilizing or just catching its breath before another move.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BithumbBlockchaincryptoxrp
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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