{"id":89814,"date":"2025-08-20T07:50:08","date_gmt":"2025-08-20T07:50:08","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=89814"},"modified":"2025-08-20T07:50:08","modified_gmt":"2025-08-20T07:50:08","slug":"470000000-xrp-offloaded-by-whales-whats-next-for-ripples-price","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=89814","title":{"rendered":"470,000,000 XRP Offloaded by Whales \u2014 What\u2019s Next for Ripple\u2019s Price?"},"content":{"rendered":"

TL;DR<\/p>\n

Whales dumped 470M XRP in ten days, driving prices down and adding strong selling pressure.<\/span>
\nDespite sell-offs, whales also accumulated $360M XRP during dips, showing ongoing demand and market interest.<\/span>
\nXRP trades at $2.89 as analysts warn of potential $2.70 support if selling continues.<\/span><\/p>\n

Market Pullback and Current Price<\/h2>\n

The crypto market posted a slight pullback in the past 24 hours ahead of Federal Reserve Chair Jerome Powell\u2019s speech at Jackson Hole. Traders are watching the event closely for policy signals.<\/span><\/p>\n

XRP was trading at $2.89 at press time, with a 24-hour volume of $6.74 billion. The token has lost 4% in the last day and 11% in the past week. The price action has narrowed after a rally in July pushed XRP above the $3.60 mark.<\/span><\/p>\n

Whale Selling and Exchange Flows<\/h2>\n

Crypto analyst Ali Martinez <\/span>reported<\/span><\/a> that whales sold about 470 million XRP in the last ten days. On-chain data shows a steep drop in holdings by large wallets during this period, consistent with heavy distribution.<\/span><\/p>\n

Notably, the selling activity has been visible on exchanges. Inflows of XRP to Binance increased through late July and August. The largest transfers reached more than 100 million XRP at a time, coinciding with the shift in price momentum. As of press time, another 11.8 million XRP entered Binance, keeping pressure on the market.<\/span><\/p>\n

<\/a>Source: CryptoQuant<\/p>\n

Before the current sell-offs, whale wallets were active on the buy side. Martinez <\/span>noted<\/span><\/a> that during the previous dip, they accumulated over $360 million worth of XRP. Earlier, they purchased about 320 million XRP, valued at nearly $1 billion, in a three-day span.<\/span><\/p>\n

Meanwhile, these moves suggest that whales remain a key driver of XRP\u2019s supply and demand. Large purchases during periods of price weakness may provide support, while continued inflows to exchanges continue to weigh on short-term performance.<\/span><\/p>\n

Broader Market Outlook<\/h2>\n

XRP has been trading against a backdrop of legal clarity after Ripple\u2019s <\/span>settlement<\/span><\/a> with the US SEC and recent regulatory measures from the Trump administration. With those developments now absorbed into the market, investors are focused on whale flows and macroeconomic events.<\/span><\/p>\n

Analysts <\/span>note<\/span><\/a> that if selling continues, XRP could test the $2.70\u2013$2.50 range. If accumulation gains pace and exchange inflows ease, the token may stabilize. Analyst Galaxy <\/span>added<\/span><\/a> that XRP has been in a five-year accumulation phase against Bitcoin, pointing to potential changes when that cycle ends.<\/span><\/p>\n

The post 470,000,000 XRP Offloaded by Whales \u2014 What\u2019s Next for Ripple\u2019s Price?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Whales dumped 470M XRP in ten days, driving prices down and adding strong selling pressure. Despite sell-offs, whales also accumulated $360M XRP during dips, showing ongoing demand and market interest. XRP trades at $2.89 as analysts warn of potential $2.70 support if selling continues. Market Pullback and Current Price The crypto market posted a […]<\/p>\n","protected":false},"author":0,"featured_media":89815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/89814"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=89814"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/89814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/89815"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}