XRP Price Today: Why Is XRP Dropping as Whales Sell and Tariffs Bite

XRP price is near $2.47 after an extremely volatile day. The token swung between roughly $1.89 and $2.83 in fast moves. The drop followed a macro shock that hit all risk assets.

The trigger was a fresh 100 percent tariff push from Washington aimed at China. Stocks fell. Bitcoin and Ethereum sank. Crypto leverage unwound at speed.

XRP Price Today: Key Moves, Drivers, and Levels

Liquidations exploded across crypto. Multiple trackers show a historic flush near the $19 billion mark over 24 hours. Several billions cleared within a single hour during the peak cascade.

XRP was among the hardest hit large caps. CoinDesk recorded an intraday low near $1.64 on some venues before a partial rebound above $2.30. Institutional futures open interest fell by about $150 million around the break.

Whale flow mattered into the drop. TipRanks flagged roughly $50 million of net whale selling per day this week as price slipped under $3. That distribution left order books thin when the macro headline landed.

Some big holders appear to be buying the dip now. Fresh reads show large wallets adding more than 1 billion XRP as panic cooled, while exchange balances stayed stable. That pattern fits a derivatives-led washout rather than spot capitulation.

Technically, traders are watching support near $2.20 to $2.30 if volatility persists. First resistance sits around $2.70 to $2.82, then the $2.90 to $3.00 band that capped recent rallies. These levels can shift quickly on days like this, so risk buffers should be wide.

What It Means For Traders And Investors

Macro headlines can override charts in the near term. If tariff rhetoric escalates, risk appetite may stay weak. Stabilization in funding rates and open interest would help volatility cool.

Watch flows from large wallets and exchanges. Continued whale accumulation with flat exchange supply would support a rebound case. A turn lower in leverage metrics would also reduce downside tail risk.

Bottom line: XRP price today reflects a macro shock, forced deleveraging, and shifting whale flow. The key ranges are $2.20 to $2.30 on support and $2.70 to $2.80 on first resistance. Trade with discipline and size positions for volatility.

FYI (keeping you in the loop)-

Q1: Why is XRP dropping today?

A tariff shock from Washington sparked a broad risk-off move. Heavy leverage amplified the fall across crypto, including XRP.

Q2: Did whales cause the crash?

Whale selling weakened the market into the headline. The primary driver was macro news that unleashed record liquidations. Some whales are now buying the dip.

Q3: Where could XRP stabilize next?

Traders are watching $2.20 to $2.30 for support. First tests overhead are $2.70 to $2.80, then near $3.00. Headline risk can override levels.

Q4: How big were today’s liquidations?

Estimates cluster around $19 billion over 24 hours. Several billions cleared within a single hour at the peak. :

Q5: What should I watch next?

Policy updates on tariffs, funding and open interest trends, and whale flow. Those signals will shape volatility and direction.

References

Reuters. (2025). Bitcoin extends decline to $104,782 as Trump escalates US-China trade war. October 10, 2025.

Bloomberg. (2025). Crypto Sees More Than $6 Billion in Liquidations. October 10, 2025.

CoinDesk. (2025). XRP Crashes 40% Before Recovering in Biggest One-Day Drop. October 11, 2025.

The Economic Times. (2025). Crypto sees record $19 billion wipeout as Trump slaps 100% tariff on Chinese tech imports. October 11, 2025.

TipRanks. (2025). XRP Whales Sell $50 Million a Day as Analyst Says There Is a High Risk of a Sharp Correction. October 10, 2025.

Strict Disclaimer

This article is for information only. It is not investment advice. Digital assets are highly volatile and can result in total loss. Do your own research and consult a licensed adviser before making financial decisions.