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XRP Under Siege: $2.81 Billion Sell-Off Sparks Concerns Over Price Stability

XRP Under Siege: $2.81 Billion Sell-Off Sparks Concerns Over Price Stability

Author:
XRP News
Published:
2025-07-24 23:16:10
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XRP is currently facing significant downward pressure as investors have offloaded approximately $2.81 billion worth of tokens over the past seven days. This massive sell-off, involving nearly 450 million XRP tokens being moved to exchange wallets, indicates a potential erosion of investor confidence. Market participants appear to be securing profits amid fears that the digital asset may have reached a local top. On-chain metrics further reinforce this bearish outlook, with Glassnode's data painting a concerning technical picture. As of July 25, 2025, the situation remains fluid, with XRP's price stability hanging in the balance.

XRP Faces Downward Pressure as Investors Offload $2.81 Billion in Seven Days

XRP's price stability appears fragile as a wave of selling activity signals eroding investor confidence. Nearly 450 million XRP tokens flooded exchange wallets over the past week, representing $2.81 billion in potential sell-side pressure. Market participants are rapidly securing profits amid concerns the digital asset has reached a local top.

On-chain metrics paint a bearish technical picture. Glassnode's Liveliness indicator - tracking long-term holder behavior - hit a three-month high, suggesting veteran investors are exiting positions. Historically, such movements precede corrective phases. These stakeholders control substantial supply volumes, making their distribution patterns particularly consequential for price action.

The confluence of exchange inflows and long-term holder distribution creates headwinds for XRP's recovery prospects. Should this trend persist, the cryptocurrency risks breaching critical support levels that could accelerate downward momentum.

Ripple Challenges SWIFT's Dominance as XRP Price Surges

XRP's breakout above $3.40 marks a pivotal shift in Ripple's trajectory from disruptor to legitimate contender against financial giants like SWIFT. The cryptocurrency reached an all-time high of $3.65 on July 18, reflecting growing confidence in Ripple's infrastructure and partnerships.

Ripple CEO Brad Garlinghouse has set an ambitious target: capturing 14% of SWIFT's cross-border payment volume within five years. The company's On-Demand Liquidity network, powered by XRP as a bridge currency, offers near-instant settlements at a fraction of SWIFT's costs—averaging just $0.0002 per transaction compared to traditional multi-day delays.

Analyst Warns XRP Investors About Banks, Here’s Why

A crypto analyst has raised concerns that traditional banks may be strategically suppressing XRP's price under the guise of regulatory caution. The allegation suggests institutions are driving negative narratives to accumulate tokens at discounted levels before a potential breakout.

Pumpius, a crypto analyst, claims recent backlash against Ripple's pursuit of a national trust bank charter and Federal Reserve access is part of a coordinated effort to spread FUD. By labeling Ripple's moves as "risky," banks allegedly pressure regulators and influence media to suppress XRP's market value, shifting control away from retail investors.

The analyst argues this tactic allows institutions to quietly accumulate millions of XRP tokens while discouraging smaller investors. The long-term implications for XRP's market dynamics remain uncertain as these allegations surface.

XRP Price Maintains Support as Bulls Eye Further Gains

XRP has demonstrated resilience above the $3.40 support level, with a bullish trend line forming at $3.480 on the hourly chart. The cryptocurrency now trades above both the $3.450 mark and its 100-hour moving average, signaling potential for continued upward momentum.

After clearing the $3.50 resistance, XRP briefly tested $3.65 before consolidating. The current price action suggests accumulation, with the 61.8% Fibonacci retracement level at $3.55 serving as the next key hurdle. A sustained MOVE above this level could open the path toward retesting recent highs.

Market participants appear to be favoring XRP over Bitcoin and ethereum in the short term, as evidenced by its relative outperformance. The Kraken exchange data shows healthy trading volumes supporting the current technical structure.

XRP Prices Consolidate Amid $260M Short Positions – Reversal Ahead?

XRP holds steady above $3.35 after hitting an all-time high, as traders place $260 million in short bets NEAR the $3.68 level. The token's resilience at $3.50, coupled with a 16% surge in trading volume, reflects growing market participation despite divided sentiment.

Long-term investors continue accumulating XRP, with $56.85 million withdrawn from exchanges in 48 hours—a sign of cold storage migration and bullish conviction. Meanwhile, short-term traders target key liquidation levels at $3.412 (with $69.51 million longs) and $3.684 (with $258 million shorts), creating a battleground for the next price move.

The overbought RSI suggests potential near-term pullback, though ETF Optimism and technical breakout patterns keep analysts leaning bullish for higher timeframes.

XRP Faces Price and Volume Decline Amid Market Shifts

Ripple's XRP dipped 0.39% to $3.48 on Wednesday, retreating from $3.50 as daily volume plummeted 29.27% to $7.28 billion. The simultaneous retreat in both metrics suggests weakening trader interest, potentially foreshadowing a trend reversal despite XRP's 18.78% weekly gain.

Market capitalization now stands at $206.07 billion as Flare, Pudgy Penguins and Curve DAO Token emerge as top performers. Conversely, Conflux, Jupiter and Pi tokens led losers in the past 24 hours.

The pullback occurs against a backdrop of macroeconomic uncertainty and shifting capital flows within the altcoin market. Such price-volume divergence often precedes consolidation phases when speculative momentum wanes.

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