Bitcoin and Ethereum whales reduced their holdings during the latest market downturn, while XRP holders moved in the opposite direction and added to their positions, according to data shared by analyst Ali Charts and Santiment Intelligence.

Large Bitcoin wallets sold more than 34,000 BTC over the past week — approximately $2.6 billion at the reported prices — as Bitcoin's price fell from $79,000 to below $73,000. Ethereum whales shed roughly 17,800 ETH over the same period, sales worth about $40 million at recent prices. In contrast, XRP whales accumulated approximately 65.32 million tokens over four days, purchases valued at nearly $72 million.

Bitcoin and Ethereum Whales Reduce Their Holdings

Ali Charts reported on X that Bitcoin whales sold more than 34,000 BTC over the past week. The distribution occurred as Bitcoin's price declined from $79,000 to below $73,000. At the reported prices, the reduction represented approximately $2.6 billion in holdings.

Whale activity is measurable because blockchain transfers are publicly recorded, which is how analysts can quantify when the largest wallets add to or trim positions. These flows are closely watched during volatile periods as a gauge of how the biggest holders are positioned.

Ethereum large holders also reduced their exposure during the same period, shedding approximately 17,800 ETH over the past week. Based on recent prices, those sales amounted to roughly $40 million. Notably, both assets recorded whale selling, although the dollar value of their reductions differed considerably. The analyst identified distribution across Bitcoin and Ethereum wallets during the downturn.

XRP Whales Accumulate Nearly $72 Million

XRP recorded a different trend as large holders increased their positions. According to Ali Charts, whales accumulated approximately 65.32 million XRP over four days, purchases representing nearly $72 million at the reported valuation.

Unlike Bitcoin and Ethereum, XRP wallets showed increased holdings during the same market period. Ali Charts highlighted this difference in the wallet activity being monitored: selling across BTC and ETH, while XRP whales continued buying.

Santiment Reports Rising Bearish Retail Sentiment

Meanwhile, Santiment Intelligence reported growing bearish sentiment toward Bitcoin, Ethereum, and XRP across social platforms. Its data covered discussions on X, Reddit, Telegram, and other platforms.

Bitcoin recorded 0.82 bullish comments for every bearish comment — below the 1.0 level at which bullish and bearish commentary balance. Ethereum registered 0.88, while XRP posted the lowest reading at 0.49. Santiment noted that bearish commentary outweighed bullish discussions across these cryptocurrencies.

Where the whale figures reflect on-chain wallet movements, Santiment's ratios measure retail crowd mood drawn from social media chatter, offering a separate lens on the same market period.

The platform identified this sentiment alongside continued market weakness and trader pessimism. Its assessment linked the prevailing negative sentiment to the potential for a strong relief rally if bearish commentary persists. Follow-up wallet-flow and sentiment readings from Ali Charts and Santiment will indicate whether the whale divergence and the bearish skew in crowd commentary persist.

Source: Cryptofrontnews