One big $XRP holder just saw their portfolio crash from $26M to $18M in only a month â and theyâve finally thrown in the towel, blaming âmarket manipulationâ timed perfectly with Rippleâs Swell 2025 conference.
Itâs been a rough ride. The investor, known online as TheXRPguy, claims the dump was deliberate â calling it âmarket manipulation at its finest.â What hurts even more? The crash happened right when Swell was supposed to be bullish news for #XRP . Instead, the chart turned into a nightmare.
đ Hereâs What the Chart Shows:
Early crash: Started near $26M, then quickly dropped below $22M.
Fake recoveries: A couple of mid-month bounces back to $24M â but every rally got rejected hard.
Final pain: Ended the month around $18â19M, a brutal 31% loss.
Swell timing: The steepest drop hit exactly during the Ripple Swell conference, fueling suspicions of coordinated selling.
đ Manipulation or Just Typical Crypto Volatility?
Hard to prove anything, but XRP has a history of this: price pumps before Swell, then dumps right after â the classic âbuy the rumor, sell the news.â
On top of that, XRPâs also feeling pressure from:
Bitcoin stuck under $100K,
money rotating into AI and DeFi tokens,
and continued regulatory uncertainty.
Add in some liquidations from over-leveraged traders, and itâs no surprise we saw carnage.
TheXRPguy summed it up perfectly:
> âOnly the mentally strong can process this.â
It shows how brutal crypto can be â even for millionaires. Panic-selling near the bottom usually locks in losses⊠but it might also mark the point where smart money starts buying again.
Whether XRP bounces or keeps bleeding, this whaleâs $8M loss is a harsh reminder: crypto rewards patience, not panic.
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