Whales dump ~200M XRP (~$400M) in 48 hours; $81.15M Coinbase transfer sparks 3,554% liquidation imbalance and brief dip below $1.90
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.
Impact: High
Sentiment: Bearish
