XRP Price Plummets Amid Whale Selloff

XRP’s price crash below $2.5 in October 2025 was driven by significant whale selling. On-chain data shows whales offloaded around 440 million XRP within a week, exerting considerable price pressure.

Heavy whale activity was the catalyst, with regulatory uncertainties further contributing. No major statements were issued by Ripple’s leadership or US regulatory bodies concerning the selloff.

The selloff had significant immediate effects on the cryptocurrency market, impacting altcoins like BTC and ETH. Overall, trading volumes surged 164% above the 30-day average during this period.

Beyond XRP, the broader crypto market faced economic headwinds, reflecting global risk-off sentiment. Regulatory updates, such as pending SEC decisions on ETF proposals, added to the market’s uncertainty.

The combination of whale activity and macroeconomic factors magnified the market impact. Other cryptocurrencies also experienced significant selloffs, contributing to the record-breaking $19–20 billion liquidation event during this time. “If there’s so much good news, why is the price dropping? The decline in the market has less to do with project fundamentals and more to do with global market conditions.” — Dom Kwok, Founder, EasyA.

Observations suggest renewed confidence among long-term holders at sub-$2.40 levels despite the volatility. Market observers are now focused on key triggers such as SEC ETF decisions and Ripple’s bank charter application.