Stabilize

April

Billion

Cap Finance

<ul>
 <li>XRP whales move 1.10 billion tokens as holdings sharply decline</li>
 <li>Large wallet balances fall as market absorbs significant XRP redistribution</li>
 <li>XRP trades sideways while indicators show neutral momentum after sell-off</li>
</ul>
A major shift in XRP ownership has drawn attention after large holders reduced their positions within a short period.<a href="https://x.com/alicharts/status/2049064579720765618" rel="noopener noreferrer nofollow"> According to Ali Charts</a>, whales sold or redistributed approximately 1.10 billion XRP over the past week. The update aligns with on-chain data that shows a clear decline in large wallet holdings. As a result, the overall balance held by whales dropped from recent highs and settled at lower levels. 
Data tracking whale wallets indicates that holdings previously hovered near 8.7 billion XRP. However, balances declined toward the 7.9 billion range within days. This movement reflects one of the most visible reductions in recent weeks. Consequently, the scale of distribution suggests coordinated or sustained activity among large holders. 
Moreover, the timing of this decline has added context to recent XRP price behavior. Even though large volumes moved, the market did not show extreme instability. This suggests that existing demand may have absorbed part of the supply entering circulation. Additionally, steady trading activity has continued despite the shift in ownership concentration. 
Also Read: <a href="https://36crypto.com/xrp-eyes-600b-market-cap-as-analyst-flags-key-73b-support-zone/" rel="noopener noreferrer nofollow">XRP Eyes $600B Market Cap as Analyst Flags Key $73B Support Zone</a> 
<h2 id="whale-distribution-reshapes-xrp-supply-dynamics">Whale Distribution Reshapes XRP Supply Dynamics</h2>
The reduction in whale holdings introduces important changes to XRP’s supply structure. Large wallets often influence liquidity and short-term price direction. Therefore, a decline in their holdings can alter how the market reacts to incoming orders. Besides potential selling, redistribution remains a key factor in interpreting the data. Some of the transferred <a href="https://36crypto.com/xrp-records-one-of-2026s-largest-outflow-days-as-bullish-signal-emerges/" rel="noopener noreferrer nofollow">XRP</a> may have moved into smaller wallets rather than exchanges. In that case, ownership becomes more distributed across different participants. This transition can reduce concentration risk over time. 
<div class="embed-twitter">
 <blockquote class="twitter-tweet">
 1.10 billion <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> were sold or redistributed by whales over the past week. <a href="https://t.co/mah2JTuta7" rel="noopener noreferrer nofollow">pic.twitter.com/mah2JTuta7</a> 
 — Ali Charts (@alicharts) <a href="https://twitter.com/alicharts/status/2049064579720765618?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 28, 2026</a> 
 </blockquote>
</div>
However, if a portion of these tokens reached exchanges, it could increase selling pressure. Market observers continue to monitor exchange inflows for confirmation. Additionally, the pace of transfers has slowed after the initial drop. This indicates that the most active phase of distribution may have already occurred. Significantly, whale balances have stabilized following the decline. Holdings now move within a narrow range without further steep reductions. This pattern often signals a pause in large-scale activity. Consequently, the market may be entering a consolidation phase after absorbing recent supply changes. 
<h2 id="technical-indicators-signal-consolidation-near-key-levels">Technical Indicators Signal Consolidation Near Key Levels</h2>
Recent chart data shows XRP trading near the middle range of its Bollinger Bands. Price remains close to the 20-day moving average, indicating balanced momentum. This positioning reflects a lack of strong directional bias in the short term. Additionally, the upper band sits near the $1.48 level while the lower band forms support around $1.32. XRP continues to move within this range, suggesting consolidation after recent volatility. 
<div id="attachment_69549" class="wp-caption alignnone"><img src="https://36crypto.com/wp-content/uploads/2026/04/Screenshot-2026-04-28-133138-XCRR-convert.io_-400x185.webp" alt="XRP" width="1276" height="591" title="XRP Whale Sell-Off Hits 1.10 Billion Tokens As Holdings Drop And Stabilize 4">
 Source: <a href="https://www.tradingview.com/chart/g5Wtnlhg/?symbol=BITSTAMP%3AXRPUSD" rel="noopener noreferrer nofollow">Tradingview</a>
</div>
Meanwhile, the Relative Strength Index remains around the mid-40s to mid-50s range. This reading points to neutral momentum rather than overbought or oversold conditions. As a result, the market does not show signs of extreme pressure in either direction. Moreover, recent candles show smaller price movements compared to earlier sessions. This contraction in volatility often follows large distribution events. Consequently, the market may be stabilizing as participants reassess positioning after whale activity. 
The movement of 1.10 billion XRP by whales has reshaped supply distribution and introduced new market dynamics. While the initial drop reflected strong activity, stabilization suggests the market is adjusting to the changes. 
Also Read: <a href="https://36crypto.com/bitbank-introduces-bitcoin-settled-credit-card-as-japan-expands-crypto-payments/" rel="noopener noreferrer nofollow">Bitbank Introduces Bitcoin-Settled Credit Card as Japan Expands Crypto Payments</a> 
The post <a href="https://36crypto.com/xrp-whale-sell-off-hits-1-10-billion-tokens-as-holdings-drop-and-stabilize/" rel="noopener noreferrer nofollow">XRP Whale Sell-Off Hits 1.10 Billion Tokens As Holdings Drop And Stabilize</a> appeared first on <a href="https://36crypto.com" rel="noopener noreferrer nofollow">36Crypto</a>.

XRP Whale Sell-Off Hits 1.10 Billion Tokens As Holdings Drop And Stabilize

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