Whale Alert Whale Alert Whale Alert

XRP Weaker as $1.13 Weekly Support Comes Into Focus Amid Broader Bitcoin-Driven Altcoin Pressure

first published 2026-06-19T09:04:00Z
Price
XRP declined from about $1.29 on June 16 to around $1.1273 by June 19 as wallets holding at least 1 million XRP cut their combined balance from 3.82 billion to 3.77 billion, adding more than 30 million tokens to the market. The drop was amplified by forced liquidations in derivatives after hawkish FOMC commentary, while U.S. spot XRP ETFs still recorded inflows and traders are watching support near $1.05.
AI Analysis
Large holders reduced their XRP balances by more than 30 million tokens and the price fell over the period. The move was worsened by derivatives liquidations after hawkish FOMC commentary, though ETF inflows partially offset the weakness.
Expected Investor Sentiment: Bearish
Potential Market Impact: Significant
Source Articles