January 16 News, XRP (Ripple) has recently come under pressure. On-chain data shows that transfers of XRP from whales to mainstream trading platforms have fallen to their lowest level in nearly two years. Despite signs of easing selling pressure, XRP's price has retreated to a near three-day low, sparking ongoing discussions in the market about “whale movements” and “why XRP is falling.”
Monitoring data from the XRPL chain indicates a significant decline in transfer activity from large addresses. CryptoQuant analyst Arab Chain pointed out that the number of tokens transferred by XRP whales to trading platforms once dropped to approximately 48 million, then slightly rebounded to 56.1 million. Overall, it remains in a low range not seen since 2021. This indicator is often used as an important reference to assess whether whales are preparing to sell.
In most cases, when large amounts of XRP are transferred to trading platforms, it suggests potential selling pressure is rising; conversely, reduced whale inflows imply a weakening market sell-off sentiment. From this perspective, the current XRPL on-chain structure is not overly pessimistic for XRP, with some long-term holders preferring to continue observing or locking in their positions.
However, the price performance has not immediately responded to this positive signal. After a short-term rebound, XRP's price weakened again, currently at $2.07 at press time, down about 1.45% for the day, with a nearly one-week decline of 2.65%. But over a longer cycle, XRP has still gained about 7% in the past month, indicating that the medium-term trend has not been fully broken.
Market-wide impacts are also noteworthy. Over the past 24 hours, the total cryptocurrency market cap has fallen by approximately 1.09%, down to around $3.23 trillion. Mainstream assets are also under pressure, reducing XRP's independent movement space. In this environment, even if whale selling pressure decreases, short-term prices remain vulnerable to overall market sentiment.
Historical experience shows that after XRP whale inflows reached similar lows in 2021, a significant rally followed. Whether this pattern will repeat depends on the overall market sentiment improving and subsequent on-chain demand changes. For investors paying attention to XRP price movements, XRPL on-chain data, and whale behavior, the next few days' capital flows will remain a key indicator to watch.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ripple Thrives, XRP Lags: When Will the Price Catch Up? (ChatGPT Maps Out Breakout Timeline)
Ripple has made the news on numerous occasions in the past month, striking big partnerships or aiming for licenses that will significantly expand its global reach.
However, the altcoin linked to the Ripple ecosystem continues to struggle to stage any meaningful recovery. As such, we decided to
CryptoPotato24m ago
A certain CEX had $1.104 billion in 24-hour trading volume, with XRP, BTC, and ETH ranking in the top three.
According to CoinGecko data, on April 1, a certain CEX saw trading volume of $1.104 billion within the past 24 hours. XRP, BTC, ETH, USDT, and ONT each ranked among the top five by trading volume. This trading-volume ranking shows that XRP had the largest trading volume, reaching $113.3 million.
GateNews1h ago
Crypto Price Prediction For Today, April 1: Kaspa (KAS), XRP, and Cardano (ADA)
April has started with a familiar path across the crypto market as prices attempt to stabilize after a volatile March. The last month delivered bearish moves for many assets, which would make crypto holders wonder what might happen in April.
Kaspa, XRP, and Cardano all show a similar
CaptainAltcoin1h ago
XRP price has fallen more than 60% from its all-time highs—can ETF inflows and Trump’s support help drive a rebound?
Even though the legal dispute between Ripple and the SEC may end in 2025, the XRP price is still 64% below its all-time high. ETF inflows and policy support provide support, but the market remains cautious about XRP’s outlook. Analysts say the price is constrained by the overall economic environment, and investors need to pay attention to macro factors and Ripple’s development.
GateNews1h ago
An American Express–XRP partnership rumor is debunked, and fake hype triggers market turbulence
Amid rumors of a partnership between American Express and XRP ultimately falling through, it was actually announced that it would become the NFL’s official payments partner, without mentioning Ripple. The prior hype misled people, leading to a negative market reaction, and the XRP price dropped by about 29%. Analysts warn investors to stay alert to false information and social-media hype.
GateNews1h ago
