{"id":38511,"date":"2025-07-24T07:31:41","date_gmt":"2025-07-24T07:31:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38511"},"modified":"2025-07-24T07:31:41","modified_gmt":"2025-07-24T07:31:41","slug":"upbits-xrp-move-sparks-panic-is-it-behind-ripples-15-dump","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38511","title":{"rendered":"Upbit\u2019s XRP Move Sparks Panic, Is It Behind Ripple\u2019s 15% Dump?"},"content":{"rendered":"<div>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Upbit offloads 75M XRP, dragging the price down to $3.05 in a sharp correction.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Whale wallets scoop up 280M XRP in the past few weeks, pointing to an increasing demand from large players.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">XRP sees $14.2B in trading volume as charts point to $15 if $3 support stays firm.<\/span><\/li>\n<\/ul>\n<h2><b>Large Sell Order Triggers Sharp Drop<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Ripple\u2019s XRP price <a href=\"https:\/\/cryptopotato.com\/ripples-xrp-crashes-double-digits-90m-in-long-positions-wiped-out\/\" data-wpel-link=\"internal\">dropped<\/a> more than 15% over the past 24 hours, sliding to $3.05 after a large amount of tokens was sold on the Korean exchange Upbit. The move involved more than 75 million XRP, sold directly on the market, according to crypto analyst Dom. With limited buying depth on the order books, the sell-off quickly pushed the price lower.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Korean market Upbit choose violence today on <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$XRP<\/a><\/p>\n<p>Over 75 million <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$XRP<\/a> sold at market over the last 24 hours<\/p>\n<p>The pump AND dump was brought to you by Upbit\u2026<\/p>\n<p>The orderbooks have been pretty empty, thus the quick move down today<\/p>\n<p>We have reached some bids around $3, which I\u2026 <a href=\"https:\/\/t.co\/xxCVcN899s\" data-wpel-link=\"external\" target=\"_blank\">https:\/\/t.co\/xxCVcN899s<\/a> <a href=\"https:\/\/t.co\/WSyjwOFW0d\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/WSyjwOFW0d<\/a><\/p>\n<p>\u2014 Dom (@traderview2) <a href=\"https:\/\/twitter.com\/traderview2\/status\/1948138877257994376?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">July 23, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the sharp reduction was preceded by a jump above $3.65 last week. XRP had just soared to all-time highs, but this was derailed by the rapid selling.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At press time, the price is trading around $3.00, which is considered a key support level. According to analysts, such a position would give XRP a grip to sustain its last structure.<\/span><\/p>\n<h2><b>Whale Activity Shows Accumulation Despite Price Dip<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Although short-term price action is weak, large holders have been building their holdings. Data shared by analyst Ali Martinez shows that whales have added more than 280 million XRP over the past 10 days.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Whales have bought over 280 million <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$XRP<\/a> in just the past 10 days! <a href=\"https:\/\/t.co\/JDTwaEYHMe\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/JDTwaEYHMe<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1948035123552673954?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">July 23, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">This type of accumulation is common during periods of volatility. Although prices have dropped today, whales\u2019 continuous buying may offer support if the $3.00 level <\/span><span style=\"font-weight: 400;\">holds<\/span><span style=\"font-weight: 400;\"> over the next few days.<\/span><\/p>\n<h2><b>Short-Term Pullback After Resistance Rejection<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">CryptoWZRD\u2019s daily update <\/span><a href=\"https:\/\/x.com\/cryptoWZRD_\/status\/1948194968948048003\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">notes<\/span><\/a><span style=\"font-weight: 400;\"> that XRP\/USD and XRP\/BTC both closed in the red. The drop appears to be linked to a rise in Bitcoin dominance, which tends to pull money away from altcoins. After touching resistance near $3.65, XRP failed to break through and has since pulled back.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notably, the chart shows a typical retracement pattern. The zone between $3.00 and $3.10 now acts as a key range. If bulls step in here, the price could recover.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As per our weekly <a href=\"https:\/\/cryptopotato.com\/ripple-xrp-price-predictions-for-this-week-16\/\" data-wpel-link=\"internal\">analysis<\/a>, resistance remains in place near $3.60 and $4.00. A strong move above those levels may bring back upward momentum.<\/span><\/p>\n<h2><b>Ripple CEO Warns Users About Scam Accounts<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Ripple\u2019s CEO has <\/span><a href=\"https:\/\/cryptopotato.com\/xrp-army-beware-ripple-ceo-drops-urgent-message-to-all-investors\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">issued<\/span><\/a><span style=\"font-weight: 400;\"> a warning to users about scam accounts claiming to give promotions or giveaways. The team advised the community not to interact with unverified accounts or hard-to-check deals.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">XRP is drawing attention as trading volume hits $14.2 billion, and long-term projections <\/span><a href=\"https:\/\/cryptopotato.com\/ripples-xrp-breaks-out-of-bull-flag-as-traders-aim-for-15\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">suggest<\/span><\/a><span style=\"font-weight: 400;\"> a path toward $15 if support at $3 holds.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/upbits-xrp-move-sparks-panic-is-it-behind-ripples-15-dump\/\" rel=\"nofollow\">Upbit\u2019s XRP Move Sparks Panic, Is It Behind Ripple\u2019s 15% Dump?<\/a> appeared first on <a href=\"https:\/\/wordpress-433650-5559317.cloudwaysapps.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Upbit offloads 75M XRP, dragging the price down to $3.05 in a sharp correction. Whale wallets scoop up 280M XRP in the past few weeks, pointing to an increasing demand from large players. XRP sees $14.2B in trading volume as charts point to $15 if $3 support stays firm. Large Sell Order Triggers Sharp [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-38511","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38511"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38511\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}