XRP News Today: XRP Under Pressure as Whale Selling Rises and Decentralization Concerns Grow

Generated by AI AgentCoin World
Thursday, Aug 7, 2025 9:35 am ET1min read
Aime RobotAime Summary

- XRP faces renewed selling pressure as whale outflows intensify, echoing 2025's price collapse below $1 amid prolonged distribution.

- Avanti's Caitlin Long criticizes Ripple's centralized token allocation (20B to founders, 55T in escrow), questioning XRP's decentralization and adoption.

- Ripple defends XRP Ledger's decentralized operation, citing RLUSD stablecoin issuance, but market remains volatile with rising exchange inflows.

- Current $2.99 price shows 24-hour gains, yet whale activity and inflow trends signal ongoing uncertainty ahead of potential corrections.

XRP is facing renewed pressure as recent on-chain activity indicates a surge in whale selling, raising concerns about a potential market downturn. Whale flows have turned deeply negative, signaling increased distribution pressure and hinting at a possible price correction [1]. This pattern mirrors a similar trend observed in early 2025, when prolonged whale selling led to a significant price drop below $1 [1]. Despite a brief rebound in mid-2025—spurred by a whale trade that pushed prices to nearly $2.80—XRP has since lost momentum, with prices slipping below $2.40 amid ongoing negative on-chain activity [1].

The resurgence of selling pressure has been compounded by recent criticisms from Caitlin Long, founder and CEO of Avanti Financial Group. In a recent appearance on the Gold Goats ‘n Guns podcast, Long criticized Ripple’s centralization practices, highlighting concerns over the pre-mining of 100 billion

tokens, with 20 billion allocated to Ripple’s founders and 55 trillion placed in escrow. These arrangements, she argued, have fueled doubts about XRP’s decentralization and contributed to stalled adoption efforts [1]. Long also noted that Ripple’s recent pivot to stablecoins indicates a shift in strategy, acknowledging that its original vision for XRP has not materialized.

Despite Long’s criticisms,

supporters maintain that the XRP Ledger operates without a central point of control, pointing to the successful issuance of RLUSD stablecoins on the network as evidence of its functional utility beyond speculation [1]. However, the ongoing debate over decentralization has left XRP vulnerable to market sentiment shifts.

Exchange data from Coinglass further underscores the volatility surrounding XRP, showing increased inflows to exchanges during price peaks. This pattern is historically associated with large holders preparing to sell [1]. Conversely, periods of outflows have often coincided with price stagnation or declines, reinforcing the idea that whale activity plays a pivotal role in shaping XRP’s price movements [1].

Currently trading at $2.99, XRP has seen modest gains in the last 24 hours. However, with whale activity trending downward and exchange inflows rising, the market remains in a state of uncertainty. Analysts are closely monitoring the situation for signs of further correction [1].

Source: [1] XRP Faces Major Sell-Off as Whale Movements Signal Market Turmoil Ahead (https://coinmarketcap.com/community/articles/6894a7f42b10ee76c4a0b16d/)