XRP price fell below $3 after whales sold roughly 470 million tokens in 10 days, intensifying bearish momentum while the U.S. SEC delayed a decision on CoinShares’ XRP spot ETF until October 23, 2025, increasing short-term investor uncertainty.
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Whales dumped ~470M XRP in 10 days, erasing July gains.
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SEC postponed the CoinShares XRP ETF decision to October 23, 2025, amplifying market caution.
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XRP trades below 20- and 50-day EMAs; MACD and RSI confirm persistent bearish momentum.
XRP price drops under $3 after whale sell-off and SEC ETF delay — read market impact and technical outlook. Stay informed with COINOTAG.
XRP drops under $3 after whales offload 470 million tokens in 10 days. SEC ETF delays deepen investor uncertainty.
- XRP whales dumped over 470M tokens in 10 days, wiping out July’s bullish momentum.
- SEC postponed decision on CoinShares’ XRP ETF proposal until October 23, 2025.
- XRP price now trades below 20-day and 50-day EMAs, showing strong bearish momentum.
XRP is under pressure after whales offloaded 470 million tokens in just 10 days, dragging the price below the $3 mark. The drop comes amid growing market tension as the U.S. SEC delays its decision on multiple spot crypto ETFs, including XRP, pushing a final ruling into October 2025.
What is driving the recent XRP price decline?
XRP price decline is driven by a concentrated whale sell-off and regulatory uncertainty from SEC ETF delays. On-chain sales by large holders and postponed ETF approvals have reduced buying pressure and amplified selling, pushing XRP below key moving averages.
How significant was the whale sell-off?
On-chain analyst Ali Martinez reported that whales holding between 10M–100M XRP offloaded nearly 470 million tokens over a 10-day span. Santiment data shows whale balances fell from about 8.5 billion XRP in mid-July to roughly 7.63 billion XRP, with the heaviest selling between August 1–13.
Price action tracked on-chain shifts closely. XRP fell from July highs near $3.59 to about $2.89 by August 19, with lower highs and lower lows forming as selling pressure mounted. The TradingView price chart reflects a move beneath $3.40 resistance and a breakdown of momentum.
How do technical indicators characterize current momentum?
Technical indicators show bearish control. As of August 20, XRP traded around $2.90, below the 20- and 50-day EMAs. The MACD sits in negative territory (MACD line -0.0615; signal -0.0512) with no bullish crossover, and the RSI near 38 points to weak buying interest.
The 4-hour chart shows price testing a support zone between $2.80–$2.85, aligning with the lower boundary of a longer-term ascending channel. A decisive break below this zone could invite further downside, while a clear MACD crossover and RSI recovery above 50 would be required to validate a durable rebound.
Why do SEC ETF delays matter for XRP?
Regulatory decisions shape institutional demand. The U.S. SEC pushed back review timelines for multiple spot ETF filings, including the CoinShares XRP ETF, now scheduled for an October 23, 2025 review according to filings compiled by Steph Is Crypto. Delays can defer institutional inflows and increase short-term volatility.
An approved XRP spot ETF would broaden regulated market access and likely boost liquidity. Conversely, extended regulatory uncertainty can prompt risk-off moves by large holders, as evidenced by recent whale de-risking.
Frequently Asked Questions
How many XRP did whales sell and over what period?
Whales holding 10M–100M XRP reduced balances by about 470 million tokens over a 10-day period, according to on-chain reporting by Ali Martinez. The heaviest selling took place between August 1–13.
When is the SEC expected to decide on the CoinShares XRP ETF?
The SEC’s review for the CoinShares XRP spot ETF via Nasdaq is scheduled for October 23, 2025, per the latest compilation of filings shared by Steph Is Crypto.
What technical levels should traders watch for XRP?
Watch support at $2.80–$2.85 and resistance near $3.30–$3.40. Traders should monitor the MACD for a bullish crossover and the RSI moving above 50 as signs of renewed buying strength.
Key Takeaways
- Whale selling: About 470M XRP were offloaded in 10 days, contributing to the price drop below $3.
- Regulatory risk: The SEC delay on the CoinShares XRP ETF until October 23, 2025, increases short-term uncertainty.
- Technical outlook: XRP sits below key EMAs with bearish MACD and subdued RSI; support sits at $2.80–$2.85.
Conclusion
Whale liquidations and an extended SEC review window have combined to pressure XRP price, pushing it under $3 and reinforcing a bearish technical profile. Market participants should monitor on-chain whale balances, ETF timelines, and technical signals for signs of stabilization or further downside. For ongoing coverage, follow COINOTAG updates.
Published: 2025-08-20 | Updated: 2025-08-20 | Author: COINOTAG
