Ripple’s Price Plummets Again! Whales Empty Wallets like It’s Black Friday 🐳💸

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Ah, the grand spectacle of Ripple-once a shimmering beacon of hope in the cryptocurrency sea-now resembles a sinking ship. The price, that fickle creature, has taken a nosedive, thanks to our dear whale overlords dumping hundreds of thousands of XRP stocks faster than you can say “Market Manipulation.” Truly, nothing says stability quite like millions of dollars vanishing into the ether with a casual flick of their gigantic fins.

At present, XRP hangs around the modest figure of $2.26-probably just enough to buy a decent cup of coffee, if you’re feeling fancy. The volume? A hearty $6.42 billion, reminding us that however dismal the price looks, the market is still alive-albeit like a zombie dragging its feet. Over the past week, XRP has shed 13% of its value, as if it’s playing a game of financial hide-and-seek with the bears. In the last 24 hours alone, it decided to drop another 6%, because why not?

Whales’ Farewell Tour as Price Dips

Apparently, our benevolent giants-those wallet whales with holdings ranging from 100 million to a billion XRP-have decided to downsize their collections, waving goodbye to their digital treasure chests. Analyst Ali Martinez reports a stunning 900,000 XRP sold in just five days-because nothing says “I love my whales” like mass liquidation during a markdown. 🐋💥

900,000 XRP gone in a flash! Proof that even whales can lose their patience – Ali (@ali_charts)

All this commotion coincides with XRP’s slide from over $3.00 down to a sad $2.40, a descent reminiscent of a soap opera villain’s villainy. Charts show the asset wobbling like a drunkard, and reports from CryptoPotato confirm that the pre-drop weeks were filled with whispers of mysterious activity and shady transfers.

Speaking of transfers, crypto data from CryptoQuant indicates that large wallet activity on exchanges slowed drastically after October 25-probably hiding their secret plans of maybe, just maybe, trying not to look so obviously desperate. The trend appears to be downward, suggesting that perhaps, just perhaps, some of these whales are contemplating a miraculous comeback-or at least trying to save face.

XRP Transfer Chart

All in all, the slow drip of XRP’s transfer flows hints that the bloodletting might be slowing-if demand doesn’t decide to vanish into thin air. But don’t hold your breath; markets thrive on chaos, and XRP seems to be giving us another wild, unpredictable ride.

Technical Voodoo and Volatility Galore

Crypto analyst CryptoWZRD has declared XRP to be in a state of “pretty bearish” as Bitcoin’s grip tightens. Both XRP/USD and XRP/BTC are retesting the support levels, because who doesn’t love a good support-resistance dance? The verdict hinges on Bitcoin’s own antics; if Bitcoin decides to rise like a phoenix, maybe XRP will follow-or not. The intraday charts tell the story of a bouncy pinball machine, with prices oscillating within a narrow, nerve-wracking band.

Another knucklehead-er, analyst-suggests XRP’s current situation is supported by a buying wall, but warns that two looming selling walls threaten to push it down to the magical $2.57 mark. Because nothing screams stability like two guys yelling “sell” while one tries to shout “buy” – a true dance of chaos.

Some savvy folks speculate this might be part of a grand five-wave pattern, with the final act possibly aiming for the $2.00 zone-an area so charmingly low, it’s practically begging to be shorted.

Meanwhile, Ripple is busy playing the game of diversification, launching a digital asset spot prime brokerage service in the US-because if you can’t stop the market from crashing, at least you can make it look like a professional casino. They’ve also acquired Palisade-yes, now they’re expanding their custody empire beyond banks to fintechs, corporates, and crypto-savvy gangsters.

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2025-11-04 13:12