Long-Term Holders Now Offloading $260,000,000 in XRP Per Day: Details

A recent Glassnode report has identified one factor contributing to pressure on the XRP price, as long-term holders ramp up profit-taking trades.

The latest disclosure comes on the back of the ongoing struggles the market has faced over the past few days, despite clear macro tailwinds such as the recent Federal Reserve 25-bps rate cut, confirmation of an end to quantitative tightening in December, and easing trade tensions between China and the U.S.

Even with these favorable conditions, the total crypto market has lost $170 billion over the last four days, relinquishing the $4 trillion valuation mark. While XRP has been a victim of the market-wide collapse, it appears to be showing greater resilience than most, up more than 1% over the past 24 hours.

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With XRP struggling at current prices, Glassnode recently confirmed that profit-taking trades from long-term holders have been contributing to the pressure. According to the market analytics platform, long-term holders who bought XRP before its November 2024 breakout have ramped up profit-taking since August 2025.

XRP’s Struggles Before the November 2024 Breakout

For context, before November 2024, XRP traded below $1 following the collapse of the Terra ecosystem in May 2022. The altcoin spent over two years changing hands between $0.4 and $0.6 most of the time, with occasional swings to $0.8 and periodic dips to $0.3. 

Interestingly, during this time, while others wrote XRP off, some investors leveraged the price dip to accumulate more tokens at lower prices. Following the impressive 281% surge in November 2024, which pushed prices toward $2, these long-term holders who bought before the breakout are now sitting on massive gains.

Long-Term XRP Holders Ramp up Profit-Taking

Now, some of them have begun engaging in profit-taking trades, especially as the XRP price faces a prolonged period of stagnation around $2. According to Glassnode, these investors had been offloading an average of $36 million worth of XRP every day. 

However, after XRP collapsed from the $3.66 peak in mid-July and a recovery attempt in early August failed to gain momentum, long-term holders ramped up their profit-taking trades by about 580%, increasing from an average of $36 million sold per day to around $260 million. 

Data from the accompanying chart confirms this disclosure. Notably, after a sudden spike in profit-taking trades during the rally in November 2024 to January 2025, the selloffs toned down from February to July. However, after the rally and correction in July, profit taking spiked above $500 million per day in early August before settling at the current $260 million figure.

XRP Seeing Lower Highs and Lower Lows

The impact on XRP price has been obvious. Specifically, since the fallout in July, XRP has been witnessing lower highs and lower lows. This has led to the formation of a descending channel on the daily chart. 

Notably, if this profit-taking volume reduces and whales ramp up buying, XRP could observe the much-needed recovery above this channel, especially on the back of a broader market rebound. Most analysts already believe Bitcoin (BTC) and the crypto market could stage a recovery campaign in November.