XRP News Today: SEC Delay and Whale Exodus Push XRP Toward $2.20 Abyss


XRP traders are encountering renewed selling pressure as large holders, often referred to as "whales," continue to offload significant portions of their holdings. Recent on-chain data indicates that whale outflows have intensified, with approximately 470 million XRPXRP-- tokens sold within a 10-day period as of August 2025 [3]. This activity has contributed to a 17% decline in XRP's price over the past month, pushing the token below the $3 psychological threshold to $2.89 [3]. The selling pressure has been further exacerbated by a surge in daily whale outflows exceeding $50 million, with cumulative sales surpassing $1.5 billion since late August .
The price action reflects heightened bearish momentum, with technical indicators such as the Relative Strength Index (RSI) at 42 and a bearish crossover in the MACD line signaling weak buying pressure [3]. Additionally, the Chaikin Money Flow (CMF) metric stands at -0.07, underscoring sustained capital outflows [3]. XRP is currently trading within a long-standing ascending triangle pattern, a structure often associated with consolidation ahead of a potential breakout. Analysts suggest the price must hold above $2.75 to avoid further declines, with a breakdown potentially targeting $2.20-a 25% drop from current levels .

Regulatory uncertainty has compounded market concerns, particularly following the U.S. Securities and Exchange Commission's (SEC) decision to delay the approval of the Coinshares XRP ETF until October 23, 2025 [3]. This delay has heightened anxiety among investors, with many interpreting it as a signal of prolonged institutional hesitancy. Meanwhile, historical parallels to early 2025 suggest a potential repeat of a 50% price correction if selling pressure persists [1].
Exchange data reveals additional signs of institutional activity, with 40 million XRP tokens-valued at over $120 million-transferred from whale wallets to exchanges within a single 24-hour period in September 2025 [5]. Despite this, XRP's price has shown surprising resilience, maintaining stability near $3.02 amid large-scale selling [5]. This resilience has been attributed to improved liquidity conditions and a growing institutional appetite for XRP as part of diversified crypto portfolios [5].
Looking ahead, traders are closely monitoring key resistance and support levels. A successful breakout above $3.05–$3.10 could trigger a rally toward $3.50, while a breakdown below $2.70 may accelerate the decline toward $2.33 or lower . Analysts emphasize that whale behavior will remain a critical factor, with sustained outflows potentially prolonging the bearish trend. Conversely, renewed accumulation by large holders could stabilize the price and reignite bullish momentum .
Investors are advised to remain cautious, given the interplay of technical, regulatory, and market sentiment factors. While XRP's long-term fundamentals-such as its speed and low transaction costs-remain intact, the immediate outlook hinges on whether whale activity reverses or intensifies.
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