XRP slumps to $2.40, but on-chain data shows renewed whale activity

XRP continues to show price weakness, as it sank to $2.40. The token is now seeking a support, with some signs of whales buying near the lower ￰0￱ has lagged behind other tokens, becoming one of the day’s biggest losers among top 10 coins and ￰1￱ extended its slide to the $2.40 level, after ongoing data of deposits to exchanges and whale selling in the past couple of ￰2￱ recent price lows, however, have coincided with renewed ￰3￱ bought back around 30M XRP in the past 24 hours. 30 million $XRP accumulated by whales in the last 24 hours! ￰4￱ — Ali (@ali_charts) October 21, 2025 The accumulation still follows October’s more active selling, and has not been reflected in the market ￰5￱ also shows price weakness as most altcoins have lost the attention of ￰6￱ have been affecting the price of XRP for weeks, extending their sales after the October 11 market crash, as reported Cryptopolitan.

Additionally, the selling on October 11 caused long-term damage on the price of ￰7￱ the sell-off, whales deposited 43M on Binance, crashing the price under $3. XRP shows trading weakness, long-term optimism XRP retains its long-term community, convinced the XRPL platform may be suitable for decentralized finance. However, the long-term outlook does not prevent XRP from ￰8￱ open interest is just $1.31B, much smaller compared to other top 10 coins and ￰9￱ liquidity allocation remains cautious, with a short squeeze possible only up to $2.60 in a more bullish scenario. |