XRP has suffered significant losses, dropping as much as 13.50% this past week, far worse compared to Bitcoin and Ether's modest declines. A major factor contributing to this downturn was Ripple co-founder Chris Larsen's transfer of over $140 million in XRP to four addresses, coinciding with a peak price of $3.60 before the subsequent drop. The market perceives these large transfers as a signal of potential selling, shaking trader confidence. Additionally, over 90% of XRP’s supply is now in profit, leading to profit-taking as traders lock in gains—historically a sign of a market top. Meanwhile, XRP trades around $3.13, below the short-term realized price levels of $2.30 to $2.80. This selling pressure intensified as many short-term holders, who had bought at lower prices, rushed to minimize losses as prices fell. The combination of whale activity and a high percentage of profitable holders has placed XRP in a precarious position, raising concerns about its price stability.

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