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XRP Takes Hit as Whales Sell 1 Billion Coins, But Pro-Ripple Attorney Says XRP Will ‘Shock the World in 2026’ (1 Viewer)

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 XRP Takes Hit as Whales Sell 1 Billion Coins, But Pro-Ripple Attorney Says XRP Will ‘Shock the World in 2026’ (1 Viewer)

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1. Short‑Term Downward Pressure — Whales Selling

  • XRP has come under short‑term pressure as large holders (“whales”) are selling–reportedly moving ~1 billion XRP, contributing to weakness in price amid broader market declines. This selling pressure has helped push XRP down and underperformed the general crypto market in recent sessions.
What this means:

  • Whale selling can create temporary liquidity and downward momentum as large token movements hit the market.
  • Traders often see this kind of activity as short‑term supply pressure, especially when combined with broader market risk aversion.

2. Price Behavior & Technical Signals

  • Recent price action shows XRP slipping while sellers dominate near key resistance areas, and price holding a tense range toward year‑end.
  • Analysts watching from a technical perspective note that this kind of selling can deepen corrections if support levels fail, but it doesn’t necessarily reflect longer‑term fundamentals.

3. Pro‑Ripple Attorney: Long‑Term Bullish Perspective

  • Despite the short‑term selling pressure, prominent XRP‑friendly attorney John E. Deaton and other pro‑Ripple commentators have been vocal about a very bullish long‑term outlook — especially focused on 2026.
  • Deaton has publicly predicted that regulatory clarity and eventual XRP ETF approvals may trigger significant capital inflows, potentially surprising many once broader investment products are approved in the U.S.
Key bullish points often cited:

  • Ongoing XRP ETF filings and institutional interest continue to build a narrative that regulated inflows could lift valuation once approved.
  • Long‑term proponents believe that regulatory progress and ecosystem development could position XRP for strong growth in 2026.

4. Putting It Together: Short‑Term vs. Long‑Term

Short‑Term:

  • Whale selling and market weakness are weighing on price right now, contributing to a pullback or consolidation phase. This aligns with broader bearish or uncertain price sentiment in the market.
Long‑Term Bullish View (2026):

  • Optimists like Deaton argue that continued regulatory progress and potential institutional vehicles (like ETFs) — once cleared — could bring significant inflows and possibly reposition XRP for major upside in 2026, hence the phrase about it “shocking the world.”

5. What Traders & Investors Should Watch

  • Exchange balances & whale activity: See if large holders continue to distribute or if on‑chain data shifts toward accumulation.
  • Support/resistance levels: If XRP can stabilize above key technical zones, it may reduce short‑term risk.
  • Regulatory catalysts: Progress on XRP ETFs or legal clarity could materially shift sentiment and capital flow.

Summary:
XRP is under near‑term pressure from aggressive whale selling and broader market weakness, leading to short‑term price softness. However, long‑term proponents — including pro‑Ripple attorneys like John E. Deaton — emphasize that broader adoption catalysts and regulatory progress in 2026 could support significantly stronger future performance.
 
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