Oct 21, 2025
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XRP Whale Activity Peaks on Binance Amid Rising Selling Pressure
XRP Market Overview
- XRP faces continued pressure with bulls struggling to push prices above key resistance levels.
- Market sentiment remains fragile after weeks of declines, raising questions about finding solid footing.
- Some analysts see potential upside if XRP can reclaim higher levels and attract renewed buying interest.
XRP Whale Activity
- Since October 1st, there has been a surge in large deposits by XRP whales on Binance, indicating increased selling pressure.
- On October 11th, Whale-to-Exchange Transactions reached nearly 43,000, the highest level this year.
- This activity suggests large holders are preparing to liquidate positions or hedge against further risk.
- The timing of these movements aligns with a sharp price drop from over $3.0 to around $2.3.
XRP Price Analysis
- XRP is trading around $2.42 after attempting to stabilize from recent selling pressure.
- The asset remains below its 50-day and 100-day moving averages, maintaining a bearish trend.
- XRP failed to reclaim the $2.60–$2.70 resistance range, which acts as a major supply zone.
- The 200-day moving average at $2.55 further caps upward momentum.
- A close above $2.60 could lead to a retest of $2.90, while losing $2.30 support may expose the $2.00 level.
XRP remains in a delicate position between potential recovery and further downside risk, influenced by whale-driven selling pressure and uncertain sentiment.