On March 3, 2025, prominent cryptocurrency analyst Miles Deutscher reported that $XRP whales have been aggressively selling their holdings, leading to a record level of unloading (Deutscher, 2025). This selling spree began after $XRP experienced a significant rally of over 500% from November 2024, reaching a peak of $1.20 on January 15, 2025 (CoinMarketCap, 2025). The current price of $XRP, as of March 3, 2025, stands at $0.95, indicating a 20.83% decline from its January peak (Coinbase, 2025). The trading volume on this date reached 1.5 billion XRP, a 40% increase from the average daily volume of 1.07 billion XRP over the past month (CryptoQuant, 2025). This surge in volume, coupled with the whale selling, suggests that $XRP is entering a local distribution phase, as per the analysis by Deutscher (Deutscher, 2025).

The trading implications of this whale unloading are significant for $XRP traders. The increased selling pressure from large holders has led to a notable price decline, with $XRP dropping from $1.05 to $0.95 between February 28 and March 3, 2025 (Binance, 2025). This downward trend has also affected other trading pairs, such as $XRP/BTC, which fell from 0.000025 BTC to 0.000022 BTC during the same period (Kraken, 2025). The Relative Strength Index (RSI) for $XRP on March 3, 2025, was recorded at 35, indicating that the asset is currently in an oversold territory (TradingView, 2025). This could present a potential buying opportunity for traders who believe in a short-term rebound. However, the high selling volume from whales suggests that the downward pressure may continue, warranting caution for those considering entering long positions (CryptoQuant, 2025).

Technical indicators and volume data further support the notion of a distribution phase for $XRP. The Moving Average Convergence Divergence (MACD) on March 3, 2025, showed a bearish crossover, with the MACD line crossing below the signal line, indicating a potential continuation of the downtrend (TradingView, 2025). The on-chain metrics reveal that the number of transactions above $100,000 decreased by 20% from February 20 to March 3, 2025, suggesting a decline in large investor activity (Glassnode, 2025). Additionally, the Network Value to Transactions (NVT) ratio for $XRP stood at 55 on March 3, 2025, a 30% increase from the average of 42 over the past three months, indicating that the market value of $XRP is relatively high compared to its transaction volume (CryptoQuant, 2025). These indicators, combined with the whale selling data, reinforce the notion that $XRP is in a distribution phase, and traders should closely monitor these metrics for potential entry or exit points.

In the context of AI-related developments, there have been no direct AI news impacting $XRP specifically. However, the broader AI sector's influence on the crypto market can be observed through the performance of AI-related tokens like $FET and $AGIX. On March 3, 2025, $FET experienced a 5% increase in trading volume, reaching 10 million tokens traded, while $AGIX saw a 3% volume increase to 8 million tokens (CoinGecko, 2025). These volume changes coincide with a general uptick in AI-driven trading algorithms, as reported by CryptoQuant, which noted a 15% increase in AI-driven trading volume across the market on the same day (CryptoQuant, 2025). While there is no direct correlation between $XRP and AI developments, the increased interest in AI tokens could potentially influence overall market sentiment, indirectly affecting $XRP's price movement. Traders should keep an eye on these trends and consider the potential impact on $XRP's future performance.