• XRP fell sharply after rejection near resistance
• Large holders reduced exposure during the rally
• Traders now focus on whether $1.26 can hold
Pressure returned to XRP after sellers defended higher levels.
Large wallets trimmed positions, and traders are again debating whether the token could revisit the $1 area.
XRP $1 Level Returns as Whales Sell Into Strength
XRP retreated after failing to maintain momentum near recent highs.
Market tracking data shows whales distributed roughly 50 million tokens during the latest rally attempt. As a result, upside follow-through weakened quickly.
Because large transfers often shape short-term sentiment, participants now question how deep the pullback might run.
Why $1.26 Has Become the Immediate Battleground
Attention has shifted toward support near $1.26.
If buyers defend that zone, the market may attempt another recovery. However, a clean break lower could expose thinner liquidity beneath the range.
Traders frequently treat such areas as decision points between consolidation and trend continuation.
Whale Activity Often Drives Volatility
Heavy selling from large holders has influenced prior XRP swings.
When supply from major wallets hits the market, retail demand sometimes struggles to absorb it. Therefore, price can move quickly until balance returns.
Still, flows can change direction just as fast if sentiment improves.
Market Impact: Momentum Tilts Lower for Now
XRP has dropped about 13% from its recent rejection near $1.67
Meanwhile, derivatives positioning suggests traders are reducing aggressive upside bets. Volumes remain active, but conviction appears mixed.
As a result, many desks are waiting for confirmation before calling a durable bottom.
Whale distribution has pushed the $1 region back into the conversation.
Whether ">XRP revisits that mark may depend on how firmly buyers respond at nearby support and whether large holders continue to sell.
