Whales dump ~200M XRP (~$400M) in 48 hours; XRP sinks to $1.81 despite ETF momentum as Grayscale GXRP goes live Monday — Tundra staking may provide structural demand

first published 2025-11-21T07:14:00Z

Santiment data shows wallets holding 1,000,000–10,000,000 XRP offloaded roughly 200 million XRP (~$400M) within 48 hours. Order books on Binance and Coinbase indicate the new supply entered the market faster than demand could absorb, adding to background sell pressure from small wallets and short-term traders and driving XRP toward the $2.10 area. Further downside depends on whether more large holders sell or supply subsides.

AI Analysis

Santiment reports ~200M XRP (~$400M) sold by 1M–10M-XRP wallets in 48 hours; Binance and Coinbase order books show that this supply hit the market faster than demand, and the move pushed XRP toward $2.10 amid existing selling from small wallets and short-term traders.

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