XRP News Today: XRP Whales Sell $1.91 Billion as Price Nears Key $2.65 Support

Generated by AI AgentCoin World
Thursday, Aug 7, 2025 12:15 pm ET1min read
Aime RobotAime Summary

- XRP whales sold $1.91B in August 2025 as prices fluctuated between $2.28 and $3.54 amid bearish signals and regulatory uncertainty.

- Historical patterns suggest potential 30% price drops if key support levels like $2.65 fail, with RSI and whale liquidations reinforcing downside risks.

- SEC's Ripple ruling and institutional interest in XRP ETFs could reshape market dynamics, though bullish derivatives positions remain speculative without whale accumulation.

- Current $3.07 price faces critical $3.05 threshold test, with outcomes dependent on regulatory clarity and corporate adoption of XRP for treasury diversification.

XRP whales have offloaded $1.91 billion worth of tokens in August 2025, according to on-chain data analyzed by The Enigma Trader on CryptoQuant [1]. These large-scale sales occurred as the price of

XRP
fluctuated between $2.28 and $3.54, a period marked by bearish market signals and regulatory uncertainty. The sell-off has intensified concerns about XRP’s price stability and broader market sentiment [2].

Historical precedents suggest that such whale-driven distribution patterns often precede significant corrections. In early 2025, a similar sell-off led to a roughly 50% decline in XRP prices. Analysts have pointed out that the current outflows could trigger a 30% drop if key support levels, particularly at $2.65, are breached [2]. XRP is currently trading near $3.07, having peaked at $3.65 in recent months. A short-lived rebound above $3.02 failed to gain traction, with volume quickly fading, reinforcing bearish sentiment [2].

The weakening momentum is further underscored by XRP’s relative strength index (RSI), which has printed lower highs since January 2025 despite new price highs. On-chain data also shows that large holders, including

Ripple
co-founder Chris Larsen, have been liquidating significant portions of their holdings, signaling that early investors may be taking profits ahead of potential downside [2].

Regulatory uncertainty remains a key factor influencing market sentiment. The U.S. Securities and Exchange Commission (SEC) is expected to make a ruling on Ripple’s appeal, which could clarify the token’s legal standing and potentially remove long-standing regulatory concerns. Until this decision is finalized, market participants remain cautious [2].

Despite the bearish backdrop, there are signs of growing institutional interest in XRP. Japan’s SBI Holdings recently filed for a Bitcoin-XRP ETF, indicating renewed appetite for the token among institutional investors. Reports also suggest that corporations are exploring up to $1 billion in XRP allocations for treasury diversification, which could provide a meaningful demand boost if market conditions stabilize [2].

Derivatives data reflects aggressive bullish positioning. Traders are holding more long positions in XRP perpetual contracts than short positions, with a nearly 2-to-1 ratio, according to Coinglass. Options traders are also eyeing the $3.20 strike price for contracts expiring in late August, indicating expectations of a rebound if key levels hold. However, without significant whale accumulation—approximately 5 million XRP per day—these positions may remain speculative [2].

The market is now bracing for a critical test of XRP’s resilience. A failure to hold above $3.05 could trigger further selling, while a sustained break above that level may signal renewed confidence. The outcome of the SEC decision and the broader institutional adoption of XRP will play a crucial role in determining the token’s near-term direction [2].

Sources:

[1] https://www.ainvest.com/news/xrp-news-today-xrp-whales-offload-1-9b-price-nears-key-support-2-65-2508/

[2] https://coinjournal.net/news/xrp-on-the-edge-whale-dump-sparks-free-fall-fears-as-sec-ruling-looms/