Investors are mass selling XRP: whales have dumped $5 billion in 4 days.

Sales of XRP have reached their highest since December 2022, strengthening the bearish trend.
Large holders have withdrawn over 2.24 billion XRP worth $5.4 billion
Selling pressure hinders XRP from consolidating above $2.45 and regaining momentum.
XRP cannot recover after the recent market crash. Weak investor support and growing selling pressure hinder growth.

Despite the stabilization of the market, XRP holders continue to sell their assets, reinforcing the bearish sentiment and slowing down the recovery of the altcoin.
XRP holders are starting to sell

The collapse in the cryptocurrency market occurred almost four days ago, but XRP investors continue to sell actively. Data shows that the sales volume has reached a peak not seen since December 2022, indicating panic among investors.
Constant selling pressure hinders XRP from regaining momentum. Buyers are losing confidence and are in no rush to return to the market, while the outflow of tokens to exchanges reflects fear of potential losses and limits growth potential.
Large holders became the main culprits of the recent XRP price drop. Owners of addresses with 100 million to 1 billion XRP sold over 2.24 billion tokens worth more than $5.4 billion after the crash on October 10. This mass sell-off intensified the pressure on the market.
The price of XRP should recover.

As of the time of writing, XRP is trading at $2.44, just below the support level at $2.45. If the bearish trend continues and investor confidence weakens, the altcoin may drop to $2.35 or even $2.27 in the coming days.

This will complicate the recovery for XRP, which needs to rise to $2.85 to offset recent losses. Ongoing sales, especially from large holders, may delay this process and lead to further price declines.
If the selling pressure eases and investors start buying assets again, XRP may recover. A breakout above $2.54 and $2.64 will pave the way to $2.75, which will signal a resumption of optimism in the market and a refutation of the bearish scenario.