Whales keep selling XRP despite ETF success — Data signals deeper weakness
The post Whales keep selling XRP despite ETF success — Data signals deeper weakness appeared on BitcoinEthereumNews.com.
XRP ETFs have crossed $1 billion in assets under management and have yet to record a single day of net outflows since launch. Under normal market conditions, sustained ETF inflows of this magnitude would help stabilize price or even fuel a recovery. Instead, XRP continues to post lower highs and lower lows — and new on-chain data shows why. Analysis from CryptoQuant indicates that whales are sending large volumes of XRP to Binance, creating persistent sell-side pressure that has outweighed the ETF bid throughout December. XRP whales dominate exchange inflows — not retail The XRP Ledger inflow-value band chart shows that almost all recent inflows to Binance originate from the 100K–1M XRP and 1M+ XRP cohorts. These are not retail wallets; they are whales and high-net-worth entities preparing liquidity for selling. Each time these value bands spike, price reacts the same way: a lower high forms followed by a lower low confirming that excess supply continues to overwhelm the market Whales are not dumping aggressively in a single event, but the steady drip of supply has been enough to keep XRP sliding. Without a new influx of spot buyers, the market has struggled to absorb this activity. ETF inflows show strength — but they are not offsetting whale supply Data from SoSoValue shows that XRP spot ETFs have now accumulated over $1.14 billion in assets and registered zero days of outflows since launch. Cumulative inflows remain firmly positive, and daily inflow behavior has been stable, even during market drawdowns. This presents a contradiction: ETF demand is rising, yet price is falling. The most plausible explanation aligns with CryptoQuant’s analysis. Whales accumulated XRP ahead of the ETF approval, expecting a speculative rally, then sold the narrative back to retail once the approval event arrived. This created a pocket of persistent supply…
