According to Maartunn, a pseudonymous cryptocurrency analyst at CryptoQuant, XRP whales are currently in the process of heavily offloading their tokens. 🚨 Oh no, the whales are throwing a massive party and everyone’s invited… except the price of XRP! 😂
🚨XRP Whales are selling heavily 🐘
It’s clear distribution. 📊
On-chain data tells the story. 📊
In data, we trust. 🤝– Maartunn (@JA_Maartun) August 27, 2025
The chart shared by the analyst shows that whale flows on the XRP Ledger recently flipped into negative territory. 📉 Like a toddler with a cookie, the whales are taking their share and running. 🍪
A similar pattern, for instance, could be seen in early 2025, when the price of the token reached a local peak. This coincided with sustained whale distribution. Of course, the XRP token suffered a major correction back then. 🤯 Remember when we thought we were on top of the world? Now we’re just a footnote in the XRP saga. 📜
XRP struggling to reclaim $3 💸
According to CoinGecko data, XRP is currently struggling to reclaim the $3 level, currently trading just below the key price level. Earlier today, the token plunged to an intraday low of $2.89. 💸 The price is playing hide and seek with $3, and it’s winning. 🕵️♂️
Meanwhile, $69 million worth of XRP tokens was recently transferred from Upbit, the leading South Korean exchange, to an unknown wallet. 🕵️♀️ Who’s the mysterious recipient? A crypto wizard? A scammer? Or just someone with a better savings account? 🤔
$8 billion worth of OI 💰
At the same, open interest (OI), which measures the total value of outstanding XRP futures and options contracts, currently stands at $8.11 billion. This represents a 3.55% increase over the past 24 hours. 💰 CME’s XRP futures are gaining more popularity with a 16% increase increase in OI. As reported by U.Today, they recently became the fastest contract of the Chicago-based trading behemoth to reach $1 billion in OI. 🚀 The OI is on a rollercoaster, and it’s not the fun kind. 🎢
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2025-08-27 11:04