XRP Faces Potential Drop to $0.98 Amid Whale Selling
Large XRP holders reducing their positions could trigger a price decline to $0.98.
Large XRP holders reducing their positions could trigger a price decline to $0.98. XRP (XRP) is trading at $1.30. This is an original TLT brief based on reporting by Finbold, with live market data added, as of Tue, 27 Oct 2026 12:00:04 UTC.
A significant sell-off by large XRP holders could lead to a sharp price correction, impacting investor sentiment and market dynamics.
- XRP risks dropping to $0.98 due to whale selling.
- Current XRP price is $1.3, with a 24h increase of 1.26%.
- Market cap of XRP stands at $82.59B.
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- XRP Faces Potential Drop to $0.98 Amid Whale Selling — this brief
Finbold suggests that
XRP could face a decline to $0.98 as large holders, often referred to as whales, appear to be reducing their positions. This potential sell-off by whales could lead to a significant price correction for XRP.
The current price of XRP is $1.3, having increased by 1.26% in the last 24 hours and 0.70% over the past week. Despite this recent growth, the threat of whale-driven selling could reverse these gains.
The broader cryptocurrency market remains relatively flat, with a total market cap of $2.75 trillion.
Bitcoin, the largest cryptocurrency by market cap, has seen a slight 0.45% decrease in the last 24 hours, while the overall market sentiment, as measured by the Fear & Greed Index, is at 48, indicating a neutral stance.
The prospect of whale-induced volatility in XRP is not unprecedented. Historically, large holders have been known to influence the price of cryptocurrencies significantly, often leading to sharp price movements.
Investors and traders will be closely watching XRP's price action and trading volumes for signs of increased selling pressure. If the selling continues, it could test key support levels and potentially trigger further declines.
Since this brief published about 1 hour ago, XRP (XRP) has moved from $1.30 to $1.30 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,802.45 (about $1.30), up 0.7% over 24 hours. The naira itself trades about 2.0% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
XRP Faces Potential Drop to $0.98 Amid Whale Selling — questions & answers
What is causing the potential XRP price drop?
Large holders, or whales, reducing their XRP positions could lead to a price decline.
What is XRP's current price and market cap?
XRP is priced at $1.3 with a market cap of $82.59 billion.
How might this affect the broader crypto market?
While XRP's decline could impact investor sentiment, the overall market remains flat for now.
How much is 1 XRP worth in naira today?
About ₦1,802.45 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.30. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Finbold. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.