XRP Faces Downward Pressure as Large Wallets Distribute Holdings
XRP's price support at $1.3 is at risk as whales offload tokens, with 50 million tokens entering exchanges.
XRP's price support at $1.3 is at risk as whales offload tokens, with 50 million tokens entering exchanges. XRP (XRP) is trading at ₹124 ($1.30). This is an original Token Times brief based on reporting by U.Today, with live market data added, as of Sun, 25 Oct 2026 17:00:02 UTC.
The distribution of tokens by large holders could increase selling pressure, potentially impacting XRP's price stability and investor sentiment.
- 12 large XRP wallets are actively distributing holdings.
- 50 million XRP tokens have moved to exchanges.
- XRP's August support level at $1.3 is under threat.
- Current XRP price is $1.3, up 2.55% in 24 hours.
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- XRP Faces Downward Pressure as Large Wallets Distribute Holdings — this brief
Large
XRP holders are actively distributing their tokens, with 12 wallets identified as the source of the distribution. This movement has resulted in 50 million XRP tokens being transferred to exchanges, according to U.Today.
The influx of tokens to exchanges could increase selling pressure, potentially impacting XRP's price. The current support level at $1.3, which has been in place since August, is at immediate risk.
While the news of the token distribution could suggest a bearish trend, the broader market context shows a different picture. The total crypto market cap is $2.76 trillion, and
Bitcoin is up 1.11% in the last 24 hours, indicating a generally positive sentiment.
XRP is currently trading at $1.3, up 2.55% in the last 24 hours and 1.88% over the past week. The market cap of XRP stands at $82.23 billion, reflecting its position as one of the top cryptocurrencies.
The distribution of tokens by large holders is a significant development that could influence XRP's price trajectory. Investors should monitor the situation closely, particularly if the selling pressure intensifies.
Since this brief published about 2 hours ago, XRP (XRP) has moved from ₹123.50$1.30 to ₹123.50$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 Token Times'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 ≈ ₹130.51 (about $1.30), up 2.2% over 24 hours. The rupee itself trades about 5.7% above the official rate on the P2P market, so a Indian 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 Downward Pressure as Large Wallets Distribute Hold — questions & answers
What is causing the potential price decline in XRP?
The distribution of tokens by 12 large XRP wallets and the subsequent movement of 50 million tokens to exchanges are the primary factors.
How is the broader market affecting XRP's price?
Despite the potential for downward pressure, XRP's price is currently up 2.55% in 24 hours, influenced by the overall positive sentiment in the crypto market.
What is the significance of the $1.3 support level?
The $1.3 level has been a key support since August and its breach could indicate a more significant price decline.
How much is 1 XRP worth in rupee today?
About ₹130.51 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.30. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from U.Today. 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 Token Times 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.