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One of the heaviest sell-offs in months hit XRP as whale wallets unloaded nearly $1B worth of coins. On-chain data by Ali Martinez confirms the price crash below $3.
📉 Key Highlights:
470M XRP sold in just the last 10 days.
Wallets holding 10M–100M XRP dropped around 700M coins since early August.
XRP price plunged from $3.35 → $2.90, even tagging $2.85 on Aug 20 before a slight recovery.
Support at $3.10 flipped into resistance – every rally attempt is met with selling pressure.
Bitcoin & Ethereum remain stable, showing this is XRP-specific.
💡 Why the Dump?
Profit-taking after July’s rally?
Shifting funds to other networks or exchanges?
Or simply cashing out?
👉 Whatever the reason, the fact is clear: $1B in XRP has left whale wallets, shaking the market.
🔎 What’s Next?
Eyes are on the $2.80 support zone.
If it breaks, $2.50 summer base could be the next target.
⚠️ Bottom line: A billion-dollar whale exit has left XRP struggling to hold above $3.
