XRP faced significant selling pressure recently, dropping 7.2% over the past 24 hours and lagging behind broader market movements. Behind the scenes, there's notable whale activity that could signal what's next for the token.

The numbers tell an interesting story. Whale transactions exceeding $100K surged to 2,802 in recent activity, suggesting large holders are actively redistributing their positions—likely taking profits or repositioning. This coordinated whale movement often precedes volatility shifts.

Market conditions aren't helping XRP's cause either. Bitcoin's dominance sitting around 58% has kept altcoins under sustained pressure, and XRP is no exception. From a technical perspective, the situation looks bearish. The token recently broke below its $2.21 pivot level, and short-term moving averages have turned downward, indicating negative momentum building.

The combination of whale distribution, BTC's strong grip on market dominance, and broken technical support levels suggests traders should watch XRP carefully in the near term.