Ripple whales triggered a significant disruption in thecrypto market today (Wednesday), engaging in a massive selling spree amid abroader market crash. Data from crypto analyst Ali Martinez, revealed that inthe last 96 hours, these whales offloaded a total of 370 million XRP coins.This massive sell-off caused the price of XRP to plummet by approximately 16%during the same period, CoinGape reported.As of now, the H1 chart for XRPUSD shows a rejection at2.32300, with the price moving downward with strong momentum.XRP Price Drops amid Whale Sell-offThe data highlighted that the selling activity coincidedwith a price drop, as XRP moved from $2.5 to the $2.1 level. As a result,market participants are closely monitoring the situation, uncertain whether XRPcould experience further price declines in the coming days due to continuedselling pressure from whales.👀 $XRP News: Ripple Whales Dump 370M Coins; What’s Happening❓https://t.co/wLHNQVlfEv— Crypto News (CoinGape) (@CoinGapeMedia) February 26, 2025The massive dumping has captured the attention of traders,who are now bracing for a possible prolonged downtrend. This bearish outlook islargely attributed to the heavy selling by whales, alongside broader markettrends. Analysts warn that the combination of large-scale sell-offs and currentmarket conditions could lead to further declines in XRP's value.Market Volatility Escalates with Tariff ConcernsCurrently, the cryptocurrency market is struggling withheightened volatility. This instability is being exacerbated by globalmacroeconomic factors, including liquidity setbacks and the imminent impositionof new US tariffs, which are set to take effect next week. The potential impactof these tariffs on global markets has added further uncertainty to an alreadyunpredictable market environment.XRPUSD Shows Bearish Signal After CorrectionThe XRPUSD H1 chart shows that the price at 2.07000experienced a bullish correction. However, it encountered resistance at 2.32300and consolidated around this level for a while. After forming an Evening Star pattern, the cryptocurrencyhas been heading towards the previous swing low. The bearish trendline on theH1 chart has been crucial in keeping the price down. Intraday buyers are likelyto avoid going long as long as the trendline remains a resistance level.This article was written by Tareq Sikder at www.financemagnates.com.