Analyzing XRPs 4-day drop: Whales exit; is it time for retail to step in?

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Analyzing XRPs 4-day drop: Whales exit; is it time for retail to step in？

Whale exits signal market impatience

Large holders appear to be running out of patience.

Over the past month, XRP whales have dominated the spot market, consistently initiating most of the large-sized orders.

Source: CryptoQuant

This is reflected in the Spot Average Order Size metric, which shows a pattern of predominantly large transactions on the XRP Ledger.

While such size can imply either accumulation or distribution, recent flows point in one direction.

Netflow flips green as sellers tighten grip

Source: CoinGlass

Exchange Netflows provide further evidence of sell-side activity. XRPs Netflow just flipped positive for the first time in six days, reaching $1.1 million.

When inflows exceed outflows, it often suggests that traders are sending assets to exchanges, likely to sell.

Moreover, XRPs Taker Buy Sell Ratio has remained below 1 for six consecutive days.

Source: CryptoQuant

Is XRP staring down a breakdown？

If the selling pressure continues unchecked and buyer demand doesnt return, a drop below the $2 psychological support looks likely. A fall to $1.90 is on the cards unless a strong rebound materializes.