XRP has experienced a price decline as large holders, known as whales, sold approximately 900,000 tokens over the past five days, according to on-chain data from Santiment. Wallets containing between 100 million and 1 billion XRP have been reducing their holdings since late October, leading to a price drop from over $2.40 in mid-October to about $2.27. The cryptocurrency is approaching a technical pattern known as a death cross, where its 50-day moving average is nearing a crossover below the 200-day moving average. This pattern often signals potential further declines in price, adding to the bearish sentiment surrounding XRP.