XRP News: XRP Dump Incoming? Whales Shift 140 Million XRP

XRP News: Ripple Labs native crypto, XRP price printed green indexes on Wednesday after incurring heavy selling pressure. However, XRP is still trading under the regulatory pressure enforced by U.S. Securities and Exchange Commission (SEC). In the meantime, crypto whales have been spotted moving millions of XRP tokens over crypto exchanges.

Also Read: Why Didn’t Ripple Register XRP With US SEC? Brad Garlinghouse Replies

XRP Price Set To Dump?

As per the data, Around 140 million XRP (approx worth $60 million) have been moved by the crypto whales in multiple transactions over the last 24 hours. However, the biggest transaction recorded by the tracker has been of moving 50 million XRP tokens. A wallet address named Ripple moved $21.4 million worth of XRP to an unknown wallet.

The tracker caught whales dumping 89 million XRP tokens (approx worth $38 million) in multiple transactions over the past 24 hours. The biggest dump transaction recorded has been of moving 31 million XRP tokens (approx worth $13.1 million) to Bitstamp crypto exchange. However, 59 million XRP tokens (approx worth $25 million) have been moved to the exchange in order dump. Read More XRP News Here…

Also Read: Is XRP Lawsuit Ruling Key For Coinbase Against US SEC?

This whale movement suggests that crypto whales are seeking an XRP price surge to sell their holdings to book a profit here. XRP price is on a decline over the past 30 days, registering a decline of 15%.

XRP price is up by around 1.5% in the last 24 hours. It is trading at an average price of $0.431, at the press time. Its 24 hour trading volume is down by 20% to stand at $903 million.

Also Read: Coinbase May Not Relist XRP Due To This Reason

TAGS
XRP

Recommended
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Ashish Kumar

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.