XRP Price: Whales Sell 2.2 Billion Tokens in Recent Selloff – Watch These Levels

16-Oct-2025 CoinCentral

TLDR

  • XRP price currently trades around $2.49 after falling from recent highs near $3, with weekly losses of 13% and monthly declines of 17%
  • Ripple partnered with Absa South Africa to expand custody services, marking the first major institutional custody partnership in Africa
  • XRP whales sold 2.23 billion tokens since last Friday, contributing to market pressure and declining prices
  • Analyst EGRAG CRYPTO predicts a 57% chance of XRP reaching $5.20, but warns of a 43% probability of falling to $0.50
  • The derivatives market saw $610 million in long liquidations on October 11, causing the Estimated Leverage Ratio to drop to 2025 lows

XRP price stands at $2.49 at the time of writing, showing a gain of more than 1.5% for the day. The token has struggled to maintain momentum after recent declines that saw prices fall to $1.50.

xrp price
XRP Price

Trading volume for XRP dropped 26% to $6.2 billion. The price has ranged between $2.41 and $2.54 over the past 24 hours.

Weekly losses reached 13% while monthly declines hit 17%. The price movements come as the broader crypto market experiences volatility and pullbacks.

XRP whales sold 2.23 billion tokens since last Friday according to analyst Ali Martinez. The massive selloff points to reduced risk appetite among large holders.

Open Interest in XRP derivatives fell from $8.47 billion on October 9 to $4.14 billion currently. The sharp drop followed liquidations totaling $610 million on the long side on October 11.

The Estimated Leverage Ratio dropped to 0.155, marking the lowest level seen in 2025. This compares to 0.59 on July 16 when XRP traded at $3.41.

Ripple Expands Custody Services to Africa

Ripple announced a partnership with Absa South Africa for custody services. The financial institution becomes Ripple’s first major custody partner in Africa.

The partnership brings institutional digital asset custody infrastructure to South Africa. The service aims to meet growing demand for secure and compliant crypto storage.

Binance data shows increased whale inflows to exchanges throughout October. Large wallet holders moved tokens to exchanges, creating selling pressure that drove prices lower.

The whale inflows have started trending downward in recent days. A sustained decrease could signal reduced selling pressure and potential price stabilization.

Price Predictions and Technical Analysis

Analyst CRYPTOWZRD identified key resistance at $2.75. Breaking through this level could push XRP toward targets of $3.15 and $3.75.

Failure to hold the $2.49 support level could trigger another selloff. A breakdown might send prices back down to $2.00.

Analyst EGRAG CRYPTO provided predictions based on the Descending Broadening Wedge pattern. The analysis compares current price action to the 2021 cycle.

EGRAG CRYPTO estimates a 57% probability of a breakout reaching $5.20 or higher. However, the same analysis shows a 43% chance of a drop to $0.50.

The Taker Buy/Sell Ratio has stayed below 1 for most recent months. This indicates that taker sell volume dominates trading activity.

The psychological $3 resistance level remains a key barrier for bulls. The price zone between $2.50 and $2.77 also presents challenges for upward movement.

Bitcoin’s price action will likely influence XRP’s next moves. A Bitcoin rally past $117,000 could provide support for altcoin gains.

The local high at $3.09 on the daily chart must be surpassed to establish a bullish structure. Current market conditions suggest caution for traders considering long positions.

The post XRP Price: Whales Sell 2.2 Billion Tokens in Recent Selloff – Watch These Levels appeared first on CoinCentral.

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