XRP Price Faces a Tug-of-War Between $231M Whale Selling and ETF Demand

XRP’s price is currently caught between two opposing market signals. One suggests that investors are distributing tokens, while the other indicates large-scale accumulation. Both trends are unfolding simultaneously, creating an unusual market setup.

CryptoQuant-linked analyst Darkfost reported that 231 million XRP was withdrawn from Binance in a single day this week. The transfer was valued at roughly $330 million to $335 million at the time, making it the largest withdrawal of its kind in approximately six months. At the same time, whale wallets have transferred nearly 1.45 billion XRP to Binance over the past 30 days.

The numbers could indicate a significant pool of potential selling supply, even though some of those tokens may later move back off exchanges. On the other side, seven U.S. spot XRP ETFs have accumulated about $1.55 billion in total inflows, with August’s inflows already running at twice July’s pace.

Broader crypto-market weakness does not appear to be the main driver behind XRP’s decline. Solana has gained more than 20% this week, while Bitcoin continues to push higher.

Can XRP Price Reach $1.70 This Week?

XRP is currently trading between approximately $1.40 and $1.45 intraday as the market absorbs the previous week’s 50% surge and subsequent pullback toward $1.40. The immediate support level is around $1.40, while stronger support appears in the $1.33-$1.36 area based on Fibonacci retracement levels.

Resistance is concentrated around $1.50-$1.55, an area where XRP has already faced rejection. Another significant hurdle is near the previous weekly closing level around $1.65. The 14-day RSI near 25 points to oversold conditions, although the broader technical picture continues to favor selling pressure.

If ETF demand remains strong enough to absorb whale-related supply, XRP could recover above $1.50 and potentially move toward $1.65. Alternatively, the token could consolidate between $1.40 and $1.50 while traders await fresh ETF flow data.

A break below $1.40 would weaken the setup considerably and could expose XRP to a decline toward $1.33. Renewed concerns over escrow releases combined with continued whale selling could add further pressure.

For now, confirmation is needed. Monitoring daily ETF flow figures alongside changes in exchange balances could provide a clearer indication of the market’s next direction before taking larger positions.

XRP’s 4.53% rebound from its recent lows is encouraging, but with its market capitalization already above $80 billion, the potential for a 10x return is considerably more limited. At this scale, the required capital inflows make such gains much harder to achieve.

That has led some traders to explore earlier-stage projects where the potential return profile may be different. LiquidChain ($LIQUID), a Layer 3 infrastructure project focused on connecting liquidity across Bitcoin, Ethereum and Solana, has attracted attention from some market participants.

The project promotes a Unified Liquidity Layer featuring single-step execution and verifiable settlement. Its Deploy-Once Architecture is designed to allow developers to build applications once and connect them across all three ecosystems instead of maintaining separate deployments on different networks.

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