{"id":6547,"date":"2025-08-21T05:00:31","date_gmt":"2025-08-21T05:00:31","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/whale-sell-off-and-etf-uncertainty-drag-xrp-lower-is-2-8-just-a-stop-before-deeper-losses\/"},"modified":"2025-08-21T05:00:31","modified_gmt":"2025-08-21T05:00:31","slug":"whale-sell-off-and-etf-uncertainty-drag-xrp-lower-is-2-8-just-a-stop-before-deeper-losses","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/whale-sell-off-and-etf-uncertainty-drag-xrp-lower-is-2-8-just-a-stop-before-deeper-losses\/","title":{"rendered":"Whale Sell-Off and ETF Uncertainty Drag XRP Lower: Is $2.8 Just a Stop Before Deeper Losses?"},"content":{"rendered":"<p>XRP slipped below the critical $3.00 level this week, extending its losing streak as whale sell-offs and regulatory uncertainty weighed heavily on the market. Currently trading at $2.8, XRP has made a 3.68% decline in the past 24 hours, with trading volume rising slightly by 0.82% to $6.85 billion.<\/p>\n<p>The latest downturn comes after on-chain data revealed that whales offloaded 470 million XRP tokens over the past 10 days, slashing their cumulative holdings to just 7.63 billion coins.<\/p>\n<p>Large-scale exits by wallets holding between 10 million and 100 million XRP suggest institutional desks and high-net-worth traders are taking profits after XRP\u2019s recent rally to above $3.39 earlier this month.<\/p>\n<h2><strong>XRP Price Action: $2.85\u2013$2.90 Becomes Key Battleground<\/strong><\/h2>\n<p>Price action data shows XRP\u2019s sharpest drop occurred between 13:00 and 15:00 UTC on August 19, when it slid from $3.04 to $2.93 as volume spiked to 137 million, nearly double the daily average.<\/p>\n<p>Despite heavy selling, buyers repeatedly defended the $2.85\u2013$2.88 zone, preventing further collapse.<\/p>\n<p>Currently, <a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/cnsrf\/sec-filings\" target=\"_blank\" rel=\"noopener nofollow\">XRP<\/a> is consolidating near $2.85\u2013$2.90, a sign that short-term selling pressure may be easing. Still, resistance at $3.04 has been confirmed, making a bullish recovery difficult without stronger demand.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter wp-image-807581 size-large\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/ripple-xrp-xrpusd-1.png?w=860&#038;resize=860%2C489\" alt=\"ripple xrp xrpusd\" width=\"860\" height=\"489\" \/><\/p>\n<p><strong>Can Bulls Hold the Line at $2.8?<\/strong><\/p>\n<p>For traders, the $2.8 level is now the most critical support to watch. A breakdown could open the door for a deeper decline, while reclaiming $3.00 would signal renewed buyer strength. Analysts note that a recovery above $3.19 is essential for momentum to shift back in favor of the bulls.<\/p>\n<p>Adding to the pressure, a security audit ranked the XRP Ledger lowest among 15 major blockchains, sparking concerns over long-term resilience. Meanwhile, the U.S. SEC has delayed decisions on several XRP ETF applications, including <a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/cnsrf\/sec-filings\" target=\"_blank\" rel=\"noopener nofollow\">Nasdaq\u2019s CoinShares filing<\/a>, until October, deepening regulatory uncertainty.<\/p>\n<p>Until the SEC rules on ETF filings in October, XRP may remain volatile as whales continue to offload and institutional investors adjust their portfolios. Whether this dip is a healthy correction or the start of a broader downturn will depend on how well XRP can defend its current support levels in the days ahead.<\/p>\n<p>Cover image from ChatGPT, XRPUSD chart from Tradingview<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP slipped below the critical $3.00 level this week, extending its losing streak as whale sell-offs and regulatory uncertainty weighed heavily on the market. Currently trading at $2.8, XRP has made a 3.68% decline in the past 24 hours, with trading volume rising slightly by 0.82% to $6.85 billion. The latest downturn comes after on-chain&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6548,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[354],"tags":[149,148,327,151],"class_list":["post-6547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ripple","tag-xrp","tag-xrp-price","tag-xrpusd"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=6547"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/6548"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=6547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=6547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=6547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}