XRP News Today: XRP Price Falls 13.5% as Whale Selling Pressures Market Correction Risks

Ripple's XRP is experiencing heightened price volatility as whale selling intensifies, raising concerns about potential market corrections. Recent movements indicate that large-scale holders have been offloading tokens, with Ripple co-founder Chris Larsen selling $26 million in XRP last month. These actions signal a broader trend of profit-taking and institutional-scale token movement, as highlighted by Whale Alert and on-chain analysts [1]. The timing of these sales coincides with a period of mixed sentiment in the crypto market, where the recent resolution of Ripple’s legal case with the SEC and the launch of the ProShares XRP ETF had briefly pushed prices to a peak of $3.38 [2].

The impact of these whale activities is evident in market behavior. Santiment reports that XRP whales have offloaded approximately $6 billion in tokens since mid-July, a significant outflow that has contributed to downward price pressure. Analysts from CryptoQuant warn that without a daily inflow of $15 million or more from whale holders, structural weakness in XRP’s market could persist. They estimate the risk of a potential 30% price correction remains high in the absence of renewed accumulation [1]. On-chain data further supports this caution, with only limited large whale inflows—such as the reported acquisition of 50 million XRP over two days—detected in recent weeks [4].

The recent sell-offs contrast with earlier optimism about XRP’s potential to break above $3.65, a level seen as a key psychological and technical resistance. Instead, the price has fallen nearly 13.5% from its peak, with technical indicators like the Relative Strength Index (RSI) signaling overbought conditions have given way to bearish momentum. The formation of a potential double top at $3.60 is now being closely monitored by traders, as it could confirm a shift in market direction [1].

Historical parallels also raise concerns. Past whale sell-offs have led to sharp price declines, with one notable example seeing a 40% drop following a similar pattern of large-scale token offloading. Larsen’s recent $26 million XRP sale reinforces these bearish dynamics, particularly among top holders who have traditionally acted as stabilizing forces in the token’s price [1]. Ripple’s internal wallet activity also reflects ongoing institutional-level movements, including a 40 million XRP reorganization and 60 million XRP in internal transfers. Whale Alert clarifies that these were not accumulation signals but rather routine liquidity maintenance for Coinbase transactions [1].

Despite the bearish on-chain signals, some perpetual futures data still shows bullish positioning in the market, with $3.20 identified as a key resistance level. However, the lack of substantial whale accumulation has left analysts with a cautious outlook, as the market awaits stronger signs of institutional buying to counterbalance ongoing outflows [1].

In contrast, other crypto projects are gaining traction, particularly those demonstrating stronger institutional adoption and utility. Ethereum has surpassed $4,000 amid a $200 million fund raise by SharpLink Gaming, while SUI and Toncoin have attracted institutional backing through partnerships and treasury expansions. This divergence in market attention highlights the ongoing reallocation of capital toward projects perceived to have clearer long-term trajectories [5].

As the crypto market remains in a period of adjustment, XRP’s performance will likely depend on whether whale flows turn positive in the coming weeks. For now, the combination of bearish whale activity and uncertain technical support levels leaves the altcoin at a critical juncture. Traders and investors are watching closely to see if the recent volatility leads to a deeper correction or sets the stage for a new bullish phase.

Source:

[1] AInvest https://www.ainvest.com/news/xrp-news-today-xrp-bulls-face-caution-whale-selling-rsi-signal-potential-30-price-correction-2508/

[2] AInvest https://www.ainvest.com/news/xrp-price-surge-ripple-case-closure-etf-inflows-era-altcoin-adoption-2508/

[3] Binance https://www.binance.com/en/square/news/xrp-news

[4] The https://m.economictimes.com/crypto-news-today-live-09-aug-2025/liveblog/123195194.cms

[5] Crypto Economy https://crypto-economy.com/52m-xrp-moved-in-48-hours-analysts-track-institutional-buys-into-2025s-top-altcoin-picks/