XRP Plunges Below Critical Support as Ripple Whales Ramp Up Selling Pressure
XRP just shattered its crucial support level—and the big players aren't sticking around to see what happens next.
Whale Exodus Accelerates
Major holders are dumping positions at an alarming rate, creating a cascade of downward pressure that's rattling retail investors. The selling isn't just sporadic—it's coordinated and sustained.
Technical Breakdown
That key support level everyone was watching? Gone. The breach signals potential further downside as algorithmic traders jump on the momentum. Stop-losses are triggering across exchanges, adding fuel to the fire.
Market Psychology Shifts
Remember when everyone was 'buying the dip'? Now they're just wondering how much lower it can go. The sentiment shift from bullish to bearish happens faster than a crypto influencer deleting a bad trade screenshot.
Meanwhile, traditional finance guys are probably sipping champagne and muttering 'told you so'—because nothing makes a Wall Street veteran happier than watching digital assets prove their volatility thesis right.
Whales Back to Selling
Recall that Ripple whales began to sell noticeable amounts of the asset last week, as they dumped 40 million XRP in the span of just 24 hours. At the time, this stash equaled over $120 million worth of the cryptocurrency.
However, the asset’s price remained largely unaffected and remained above the crucial support at $3. Moreover, it kept climbing in the following few days and peaked on Saturday morning at $3.19. This became its highest price tag in a month.
It seems that whales used this price surge opportunity to secure even more profits. Further data from Martinez shows that these large market participants had disposed of 160 million XRP in the last two weeks alone. In terms of USD, this amount is worth nearly $500 million.
160 million $XRP sold by whales in the last two weeks! pic.twitter.com/TRT7y5dSA2
— Ali (@ali_charts) September 15, 2025
XRP Feels the Consequences Now
Although XRP’s price was unfazed at first, the overall selling pressure and the broader market’s retracement in the past few hours have pushed it south as well. Ripple’s cross-border payments token dipped below the aforementioned support at $3 earlier today and still struggles below it as of press time. It has lost 3.5% daily and more than 6.5% since the Saturday peak.
This correction could also be attributed to the latest developments on the SEC-Ripple ETF front, where the agency continues to deliver setbacks against issuers wanting to launch XRP ETFs.
It’s also in stark contrast to what many analysts anticipated. As reported during the weekend, the majority of crypto market experts praised XRP’s surge past $3 and $3.05, and outlined that the next target lies close to the July 2025 all-time high of $3.65.
However, the crypto market often tends to move in the opposite direction of what many people expect, which proved itself once again today.
