One of the heaviest dumps in months was recorded for XRP, with whale wallets unloading close to $1 billion worth of coins. This is supported by on-chain data byAli Martinez, which shows the price dropping below $3.
The tracked wallets are in the range of 10 million to 100 million XRP. Since early August, they have dropped around 700 million coins, totaling a little over $1 billion at current coin prices. A dump of that size does not happen under the radar. You can see it on the chart: XRP fell from $3.35 to $2.90, tagging $2.85 on Aug. 20, before recovering some ground.
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470 million $XRP sold by whales in the last 10 days! pic.twitter.com/Zc24I9omjg
— Ali (@ali_charts) August 20, 2025
The pattern is simple: a week ago, $3.10 was support; now, it is resistance. Each attempt to push higher has met more sales. Order books are lighter than they were just weeks ago. This is XRP-specific asBitcoin and Ethereum have not shown the same supply shock.
Why?
It is anyone’s guess why the whales pulled out here. It could be profit-taking after July’s rally or coins moving to other networks or exchanges. Then again, it could be straight cashing out. Whatever the reason, the numbers do not lie:$1,000,000,000 worth of XRP have left millionaire wallets, and the whole market is suffering as a result.
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Areas of interest are now the $2.80 zone because, if it gives way, the summer base near $2.50 will become relevant again. Until then, the main story is clear: a billion-dollar whale has exited, and XRP is struggling to stay above $3.
