XRP Price Plummets 15% Amid $2.4 Billion Liquidation Crisis – What’s Next?
XRP, the native token of the XRP Ledger, has suffered a brutal 15% price drop as $2.4 billion in open interest liquidated. This sharp decline has left traders scrambling—what triggered the sell-off, and is a recovery possible?
Why Did XRP Price Crash 15%?
The XRP price correction began in mid-July 2025, falling from $3.65 to $3.09. Key factors behind the drop:
- $2.4B Open Interest Wiped Out: Leveraged positions collapsed as derivatives traders faced mass liquidations.
- Bearish MACD Signal: Technical indicators showed strong downward momentum.
- Exchange Inflows Spiked: Increased selling pressure as traders offloaded XRP holdings.
XRP Whale Activity: Accumulation or Distribution?
Despite the sell-off, on-chain data reveals intriguing whale behavior:
| Activity | Impact |
|---|---|
| 60M XRP bought in 24 hours | Whales may be buying the dip |
| 90% drop in exchange transfers | Selling pressure could be easing |
XRP Ledger Adoption Struggles
While price action dominates headlines, XRP’s fundamentals raise concerns:
- Only $134M in tokenized assets on XRP Ledger
- Lags behind Avalanche and Sui in DeFi activity
- No major institutional demand despite ETF speculation
Will XRP Recover? Key Levels to Watch
Analysts highlight these critical price zones:
- Support: $3.00 (20-day EMA)
- Resistance: $3.30-$3.35 breakout zone
- Target: Retest of $3.65 if bullish momentum returns
FAQs: XRP Price Drop Explained
Q: How much XRP open interest was liquidated?
A: Approximately $2.4 billion between July 18-25.
Q: Are whales still accumulating XRP?
A: Yes, on-chain data shows 60M XRP bought during the dip.
Q: What’s the next major support level for XRP?
A: The $3.00 psychological level and 20-day EMA.
Q: Could regulatory news impact XRP’s recovery?
A: Yes, the Clarity Act and Genius Act could provide a boost.
