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XRP XRP faces significant selling pressure: Binance and Coinbase experienced huge selling wall
Crypto analyst CW shared the latest data, revealing significant "selling wall" activity in XRP's transactions. This phenomenon suggests that the asset faces significant resistance on both Binance and Coinbase exchanges.
Wall of whale sell orders emerges on Binance and Coinbase.
Order book charts released by CW show that XRP is currently trading near the bottom of the large sell order range on both exchanges. The total transaction volume reached 13.443 million, indicating that market activity has increased as assets hover at key levels. These "sell walls"-clusters of large limit sell orders placed by major holders (commonly known as "whales")-are designed to absorb buying pressure, making it difficult for XRP to break through the upside without huge demand support.
Data showed that whale sell orders piled up to about $15 on Binance, while resistance extended to $31 on Coinbase. These stacked orders constitute a series of obstacles to XRP's rebound in the short or medium term.
Whale sell orders on Binance are visible to US$15, while Whales on Coinbase set their sell orders to US$31, which reflects strong resistance on both platforms. In short, a "sell order wall" refers to large limit sell orders (or clusters of such orders) placed at specific prices in the exchange order book, designed to absorb buying pressure and slow price increases.
Wall concentration of selling orders creates layered resistance
在Binance上，图表突出了密集的红色区域，标记了大型持有者集中放置的限价卖单。这些区域从略高于当前市场价格的位置开始，一直延伸至15美元，形成了各级别的中间阻力区。CW的分析根据图表中的位置和成交量特征，将Binance的卖单墙与Coinbase的区分开来。
Coinbase呈现出更广泛的阻力分布，鲸鱼卖单墙的起始范围相似，但上升至31美元。尽管此前有另一位分析师指出Coinbase上有针对33美元的鲸鱼活动，但当前数据显示最顶层的卖单墙止于31美元——这仍然远高于XRP当前的价格。 collectively，这些层次构成了巨大的屏障，除非买盘兴趣急剧增加，否则很可能会抑制价格的快速上涨。
大量买单活动仍集中在当前价格附近
In addition to stacked sell orders, the order book also shows a green circle around the $1.36 price, indicating active buy orders and significant trading volume at that level. This cluster of buying activity suggests that despite the strong interest in accumulating XRP near current prices, absorbing the huge selling supply above remains a key challenge for bullish momentum in the short term.
The contrast between concentrated buying activity around $1.36 and the substantial wall of sell orders above is at the core of recent XRP market dynamics.
Whale-led sell orders extended from current prices to $31 on Binance and Coinbase, highlighting the multiple levels of resistance that any sustained rally will need to overcome. The speed at which buyers absorb these supplies will likely determine whether the increase in XRP proceeds steadily or slowly.
