Over the past 14 days, wallets of 1,000,000 to 10,000,000 XRP have reduced their holdings by around 200,000 tokens. This change, shown by the Santiment data, suggests that some of these holders are leaving the mid-level group, reducing combined holdings to approximately 6.74 billion XRPs.
They are not small retail accounts, but they also do not match the scale of the very largest XRP players.
Such movements are usually important due to controlled supply and can affect short-term trends. Recently, these whales have clearly reduced their holdings.
The Whale has offloaded around $200 million in $XRP in the last two weeks! pic.twitter.com/misqppdwzm
– Ali (@Ali_Charts) September 17, 2025
The XRP price is falling, but the XRP has risen to nearly $3 and is bounced between $2.90 and $3.30 without going in a clear direction.
The fact that these wallets are on sale could be one of the reasons why tokens struggled to increase their value despite the mix of positive and negative days in the general crypto market.
Why do XRP whales sell?
One possibility is that these holders are simply profiting after XRP climbs early in the summer.
Another reason is note: With the Federal Reserve’s interest rate decision approaching and the availability of money across the market seems uncertain, some investors may prefer to remove exposure right now in price mixing chaos.
It is important to know that not all of these tokens have been moved to cold storage.
The number of XRPs entering the exchange has increased. This suggests that a portion of the 200 million XRP has been sent to the trading platform. This means that if those tokens move directly there, some sales pressure could be transferred to the open market.