XRP News Today: XRP Falls 10.33% Amid Whale Selling and $86M Liquidation, Tests $2.95 Support

XRP, the third-largest cryptocurrency by market capitalization, experienced a significant price correction on July 25, 2025, as a combination of whale-driven selling pressure and large-scale liquidation events pressured the asset. The token fell 10.33% during the day, marking its steepest daily decline since early April, with the sell-off exacerbated by a $86 million long-position liquidation on Binance, identified as the third-largest XRP liquidation event of the year [1]. Concurrently, whale activity intensified, with over 50 million XRP—linked to a wallet associated with Ripple co-founder Chris Larsen—transferred to exchanges, amplifying market volatility [1].

The price action has drawn focus to the $2.95–$3.00 support range, a critical liquidity zone. A sustained breakdown below this level could expose XRP to further downside risks, potentially targeting a secondary support cluster between $2.66 and $2.86 [1]. Conversely, a rebound above $3.25 would signal renewed bullish momentum, possibly confirming a local bottom. Analysts note that the 90-day whale flow average has turned negative, contrasting with earlier positive whale movements that preceded XRP’s rally in 2025 [1]. Over 2,700 wallets currently hold more than one million XRP each, indicating a complex accumulation-distribution dynamic.

The liquidation event also highlighted broader market fragility. Open interest for XRP futures contracts declined from $10.94 billion to $9.10 billion in the four-hour timeframe, suggesting reduced leveraged speculative positions [1]. However, the asset’s proximity to its all-time high of $3.84—achieved earlier in 2025—remains a key psychological hurdle. A two-week correction, with XRP dropping from $3.65 on July 13 to $3.10 by mid-July, underscores the challenges of sustaining upward momentum amid macroeconomic uncertainty [2].

Market participants remain divided. While some analysts project a $6 price target for XRP by 2025 [3], the immediate outlook hinges on the defense of the $2.99 support level. A breakdown could trigger cascading stop-loss orders and institutional selling, deepening the downturn. Conversely, stabilizing above this threshold may attract short-term buyers, potentially re-igniting the broader bullish trend observed in higher timeframes.

The event underscores the interconnected nature of whale behavior, liquidation dynamics, and technical levels in shaping XRP’s trajectory. With over $112 million in long positions liquidated within 24 hours [1], the market’s ability to absorb such shocks will be critical. Investors are advised to monitor whale activity, open interest trends, and key support/resistance levels as the asset navigates this volatile phase.

Source: [1] [XRP Faces Potential Support Test Amid Third-Largest Liquidation and Whale Selling Pressure](https://en.coinotag.com/xrp-faces-potential-support-test-amid-third-largest-liquidation-and-whale-selling-pressure/)

[2] [Real-Time Crypto News, Latest Cryptocurrency Updates](https://www.coinglass.com/news)

[3] [XRP Price Prediction Signals $6 Target Despite Long Squeeze Pain](https://coincentral.com/xrp-price-prediction-signals-6-target-despite-long-squeeze-pain/)