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TL:DR;<\/strong><\/p>\n The third-largest cryptocurrency failed to go into uncharted territory a few weeks back, and it was stopped 1% away<\/a> from its 2018 all-time high of $3.4 (CoinGecko data). Since then, the asset has failed to resume its rally and actually slipped to $2.8 during the Monday correction.<\/p>\n Nevertheless, it turned the tables during the business week by reclaiming the coveted $3 line. Moreover, it jumped to a weekly high of $3.15 on Friday, but its progress was halted at that point.<\/p>\n It started to lose value gradually over the weekend but slumped hard in the past 12 hours or so alongside bitcoin and the rest of the alts<\/a>. Its price fell to a 6-day low of $2.82, thus dropping by more than 8% on a daily scale from top to bottom.<\/p>\n Despite recovering some ground to almost $2.9 now, XRP is still over 5% down on the day. This correction for the cross-border token comes not only with the rest of the market but also following a strategy reversal by whales.<\/p>\n These large market participants were among the biggest propellers of XRP\u2019s surge since the elections by accumulating billions of dollars<\/a> worth of the asset within months. Now, though, Ali Martinez showed that they have changed their tune and actually offloaded $70 million worth of XRP within a few days.<\/p>\n Whales are particularly important to the overall market movements as they have the ability to move it with their large purchases or sell-offs.<\/p>\n Whales have offloaded over 70 million $XRP<\/a> in the past 96 hours! pic.twitter.com\/qEe56f4Ujt<\/a><\/p>\n \u2014 Ali (@ali_charts) February 1, 2025<\/a><\/p>\n<\/blockquote>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n <\/p><\/div>\n\n
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![<\/a>XRPUSD. Source: TradingView<\/figcaption><\/figure>\nThe third-largest cryptocurrency failed to go into uncharted territory a few weeks back, and it was stopped 1% away<\/a> from its 2018 all-time high of $3.4 (CoinGecko data). Since then, the asset has failed to resume its rally and actually slipped to $2.8 during the Monday correction.<\/p>\nNevertheless, it turned the tables during the business week by reclaiming the coveted $3 line. Moreover, it jumped to a weekly high of $3.15 on Friday, but its progress was halted at that point.<\/p>\nIt started to lose value gradually over the weekend but slumped hard in the past 12 hours or so alongside bitcoin and the rest of the alts<\/a>. Its price fell to a 6-day low of $2.82, thus dropping by more than 8% on a daily scale from top to bottom.<\/p>\nDespite recovering some ground to almost $2.9 now, XRP is still over 5% down on the day. This correction for the cross-border token comes not only with the rest of the market but also following a strategy reversal by whales.<\/p>\nThese large market participants were among the biggest propellers of XRP\u2019s surge since the elections by accumulating billions of dollars<\/a> worth of the asset within months. Now, though, Ali Martinez showed that they have changed their tune and actually offloaded $70 million worth of XRP within a few days.<\/p>\nWhales are particularly important to the overall market movements as they have the ability to move it with their large purchases or sell-offs.<\/p>\n\nWhales have offloaded over 70 million $XRP<\/a> in the past 96 hours! pic.twitter.com\/qEe56f4Ujt<\/a><\/p>\n\u2014 Ali (@ali_charts) February 1, 2025<\/a><\/p>\n<\/blockquote>\n\nSPECIAL OFFER (Sponsored)<\/span><\/center>\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\nLIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<\/p><\/div>\n](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/XRPUSD-1.png\"){kind=link}