XRP price continues to fall despite the XRP ETF launch buzz in the crypto community. The third-largest crypto asset dropped 9% over the last 24 hours amid a Bitcoin slump below $83,000 and the broader crypto market crash.
Massive Selloffs Amid Bitcoin and Crypto Market Crash
Glassnode says the XRP Realized Loss at 30D-EMA data reveals massive investor losses. With XRP price falling below $2, daily realized losses have spiked to $75 million per day. On the chain expert claims it is the highest level since April 2025.
As CoinGape reported, Long Term Holder NUPL data indicated investors were leaning bearish amid heightened uncertainty and volatility in the crypto market. The data showed “euphoria” in long-term holders ended in mid-2025 itself. The sentiment among long-term holders and whales dropped from “denial” to “anxiety” amid the deeper crypto market bloodbath.
During the massive buzz surrounding the Bitwise XRP ETF launch and multiple XRP ETF approvals, whales sold 190 million coins during the crypto market crash. The offload comes from whales holding 1-10 million Ripple coins, according to on-chain platform Santiment data.
It is worth noting that a whale holding ETH and XRP is sitting on a $40,700,000 loss on its long positions. The whale has lost $50 million in a week.
Meanwhile, Bloomberg ETF analyst James Seyffart noted that Bitwise spot XRP ETF recorded almost $22 million in trading volume. The fund recorded $105.36 million in inflows on its debut, as per SoSoValue data.
How Low Can XRP Price Fall?
XRP price fell more than 9% over the past 24 hours, currently trading at $1.90. The 24-hour low and high are $1.89 and $2.13, respectively. Furthermore, trading volume has increased by 44% over the last 24 hours.
Crypto analyst Ali Martinez predicted $1.91 and $1.73 as the next key levels to watch, as per the UTXO Realized Price Distribution on-chain metric. XRP is under selling pressure after the formation of a death cross pattern, with the price trading below the 50-DMA and 200-DMA.
If XRP price fails to rebound from the Fibonacci golden zone, with the $1.63 level as the last resort, the crypto asset will see a major price crash towards $1. Notably, Peter Brandt predicted Bitcoin crash to $58K, raising speculation whether XRP to fall in tandem.
CoinGlass data shows selling continues in the derivatives market in the last few hours. Total XRP futures open interest dropped more than 15% to $3.14 billion in the last 24 hours. The 4-hour XRP futures open interest on CME dropped nearly 4% and 6% on Binance.
Source: https://coingape.com/what-next-for-xrp-price-as-bitcoin-falls-below-83000-again/