XRP news: Whales have resumed their activity amid a broader market sell-off. These large players recently sold 500,000 XRP coins in just 48 hours.
Surprisingly, this whale sell-off has turned into bullish XRP NEWS as the coin is currently experiencing an uptrend.
Ripple Whales Sold 500,000 XRP in 48 Hours
Popular onchain analyst Ali Martinez spotlighted the whale sell-off in an X post as one of the latest XRP news.
According to Martinez, large players popularly referred to as whales sold 500,000 XRP coins in 48 hours. In dollar terms, the coins are worth $1.15 million, at the current price of $2.3 per XRP.
In the crypto market, whales usually add to their digital asset stash when prices go up. Conversely, they dispose of their coins when prices take a nosedive.
Notably, the 500,000 XRP whale sell-off follows a recent market downturn over the past few days.
The broader crypto market faced massive liquidations, and top coins, including Bitcoin (BTC), Ethereum (ETH), and XRP, were not spared.
The XRP price plunged to as low as $2.1 on Friday, November 11, 2025. In an earlier XRP News, analyst EGRAG CRYPTO claimed that the price pattern reflected the Smart Money Concept (SMC).
This model demonstrates how institutional traders can use liquidity to fill large orders before a breakout.
As predicted, the XRP price has witnessed a turnaround from its bearish trend. As of this writing, XRP is traded at $2.3, up 5.9% over the past 24 hours.
With its growing presence in global payments and institutional settlements, XRP has positioned itself as a silent winner.
XRP News: Impact of XRP Daily Volume
While many expected the whale sell-off to spark pessimistic sentiments among XRP retail traders, the reverse is now the case.
Retail investors have shown commitment to XRP, as indicated by the surging trading volume. In the past 24 hours, the XRP trading volume has surged 14.2% to $5.8 billion.
Typically, when trading volume rises, it means investors are willing to accumulate the digital asset.
The real story today is that whales flooded the market with massive liquidity. Big investors contributed to the 14.2% jump in XRP trading volume.
They moved $1.12 million worth of XRP to exchanges, which caused trading activity to skyrocket.
XRP News: XRPL Smart Contract Feature Goes Live on AlphaNet
In another bullish XRP NEWS, a new XRP Ledger (XRPL) smart contract feature is now available for developers to explore and test on AlphaNet.
Simply explained, the XRP Ledger now has smart contracts for developers to test. They are live on AlphaNet, a special test network. Developers can write code that runs directly on the XRP Layer-1 blockchain.
It feels like the Ethereum Virtual Machine (EVM) contract, but it uses the fast and cheap system on the XRP Ledger.
With smart contracts on XRPL, developers can build apps using payments, trading, Non-Fungible Tokens (NFTs), and more.
Unlike traditional approaches, the XRPL smart contract is designed to provide permissionless deployment, meaning no UNL approval is required.
Another key feature is that contracts can use all XRPL tools. Also, developers can write in multiple programming languages, turning them into WebAssembly (WASM).
Furthermore, the contract’s “instructions” are saved on the ledger so apps can read them. Contracts can also send alerts when something happens, like a transfer.
Smart Contracts follow a clear architectural model: Deploy, Call, Interact, Monitor. To set, use ContractCreate to deploy WASM bytecode to a pseudo-account.
Next, trigger contract functions via ContractCall transactions, then contracts emit XRPL transactions to interact with native features.