XRP (XRP)

🐋 Large XRP holders sell more than 30 million tokens as the price weakens XRP faces new bearish pressure after large holders redistributed more than 30 million tokens over the past five days, partially offsetting the positive ETF inflows and weakening price momentum. Whale distribution increases On-chain data shows that wallets holding at least 1 million XRP reduced their combined holdings from 3.82 billion to 3.77 billion tokens within a few days. This redistribution added supply to the spot market at a time when bullish momentum was weakening. XRP had risen from $1.14 on June 14 to a local high of $1.29 on June 16. However, as it approached resistance, large holders began to take profits. Subsequently, the token broke key supports and fell to $1.1273 on June 19. The timing of this distribution was critical, as it coincided with the exhaustion of bullish momentum, turning a consolidation phase into a sharper correction. ETF flows vs whale sales Despite the price drop, XRP spot ETFs in the United States maintained positive flows. The funds recorded inflows of $5.30 million at the June 16 peak and another $2.55 million during the June 18 decline. This divergence suggests that institutional demand remains stable, while bearish pressure comes mainly from the distribution by large holders and speculative positioning. The decline was amplified by liquidation of leveraged long positions, accelerating the downmove after the support break. Key levels and outlook The next important support for XRP sits at $1.05. As long as whale distribution continues, the asset remains vulnerable to further declines. The market is currently at a balance point between steady ETF inflows and large‑holder sales, generating volatile and split price action. Traders are watching whether buying pressure returns strongly once the current distribution phase ends. Important disclaimer: This information is based on on-chain data, ETF flows, and market analysis as of June 19 2026. It does not constitute investment advice. Cryptocurrency markets are highly volatile and large‑holder activity can significantly influence price.

🚨 More details on the selling pressure from large XRP holders and how it’s affecting the market here 👇 https://t.co/3kfKDjgA0D