Whales Feast on XRP While the Rest of Us Wonder Why It’s Falling – A Tale of Hope and Despair 🐋💸

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The price of Ripple’s beloved XRP token is sinking like a stone, despite an avalanche of network activity and institutional investors lining up like kids at a candy store. A 10.7% drop in the past week has taken it to a mere $2.30, according to CoinGecko, as though the world’s financial institutions suddenly decided XRP wasn’t their favorite dessert anymore.

Even as Ripple extends its reach into the vast ocean of financial infrastructure, and traders on Binance eagerly rotate their portfolios into XRP, we’re left scratching our heads. There’s an ever-growing chasm between the dazzling fundamentals and the current market behavior. A riddle wrapped in a mystery, anyone?

And here comes CryptoOnchain, swooping in like a market hero, armed with an analysis to explain this conundrum. According to their recent findings, it seems the large holders-those whales of the crypto world-are calmly transferring their funds to exchanges, signaling a classic “sell the news” setup. Oh, what a surprise!

Whale Selling Meets Market Headwinds

CryptoOnchain’s extensive report outlines the paradox of XRP’s current state, detailing how whale-to-exchange flows on the XRP Ledger (XRPL), particularly to Binance, surged dramatically from late 2024 into 2025. These whales had already made their exit strategy clear, long before the recent dip. The market was merely following the script of an investor’s long-planned exit. They’re not panicking-they’re playing a calculated game of chess, waiting for the price to rise before they made their exit.

In the words of CryptoOnchain, “The funding announcement created the perfect exit liquidity.” Oh, sweet irony. The retail hype? Just a stepping stone for these whales to offload their precious tokens at a premium price.

The selling pressure has been so intense, it’s like watching a stampede flatten any hopes of XRP holding its ground, even when the broader crypto market continues to grow. Poor XRP, it tried to hold its own, but the bears were simply too strong.

And just when you thought it couldn’t get worse, the market backdrop conspired against XRP. Bitcoin dropped below $100,000, and Ethereum slid under $3,200, causing over $1.7 billion in leveraged positions to vanish into thin air in a single day. XRP wasn’t spared either-its price plunged below $2.40, dipping toward $2.09 before trying to stabilize itself. Talk about a rough week.

Strong Fundamentals but Short-Term Pressure

But, fear not, fellow XRP fans, for CryptoOnchain’s analysis ends on a note of hope. Despite the whales and the chaos, Ripple’s fundamentals remain as strong as ever. Recent acquisitions, like crypto custody firm Palisade, and its collaboration with GTreasury signal deeper integration with traditional finance. Yes, it’s not all doom and gloom, even though it might feel like it.

Several firms, including Franklin Templeton and Bitwise, have also updated their filings for a spot XRP ETF. The market’s patience may soon be rewarded with new opportunities-if we can just survive this current whale-induced storm.

“In the short-term, XRP’s price will remain suppressed until the whale selling pressure subsides,” CryptoOnchain wisely notes. “However, this event does not negate Ripple’s strong long-term fundamentals supported by its new capital injection.”

Technically, the chart gurus have pinpointed $1.94 as a key support zone for XRP. EGRAG CRYPTO has also thrown in their two cents, suggesting that this is an “accumulation range” for patient investors. So, hang tight-if the market stabilizes, there may yet be a silver lining. But for now, the whales are feasting, and the macroeconomic climate is less than friendly.

Over the past month, XRP has dropped nearly 22%, outpacing the broader market’s 5% decline. But hey, it’s still up over 330% year-over-year. So, don’t panic-just sit back, relax, and wait for those long-term gains to kick in. Rome wasn’t built in a day, and neither was XRP’s rocket ship.

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2025-11-06 21:45