XRP price dips below $2 amid whale sell-offs and ETF volatility: key support at $1.90
The post XRP price dips below $2 amid whale sell-offs and ETF volatility: key support at $1.90 appeared on BitcoinEthereumNews.com.
Whale sell-offs and market turmoil push XRP price below key support. Bitwise’s XRP ETF debut adds volatility, not buying momentum. $1.90 support is crucial for near-term XRP stability. XRP price has experienced a sharp downturn, slipping below the $2 mark amid a series of whale sell-offs and volatile spot XRP ETF launches. XRP faces mounting pressure from both institutional flows and broader crypto market turbulence, and the recent activity has raised questions about its ability to hold the critical support at $1.90. Whales offloading massive amounts of XRP The XRP market has been heavily influenced by large holders offloading substantial amounts of XRP. Over the past 48 hours, blockchain data shows whales moving nearly 200 million XRP, generating strong selling pressure that has outweighed buying interest. 190 million $XRP sold by whales in the last 48 hours! pic.twitter.com/nB0P7jADCx — Ali (@ali_charts) November 20, 2025 Notably, this surge in liquid supply coincided with a broader market-wide flash crash, where Bitcoin fell to a seven-month low of around $82,000, triggering over $1.9 billion in liquidations across crypto markets. In addition, XRP’s high correlation with Bitcoin has amplified losses, contributing to the token underperforming the broader market. XRP ETFs bring volatility but fail to spur price momentum Spot XRP ETFs, intended to boost institutional participation, have produced mixed results so far. Bitwise’s XRP ETF, which is the latest XRP to go live, debuted with around $25 million in turnover. While Canary Capital’s XRPC ETF continues to attract attention with $268 million in assets under management, the muted response to Bitwise’s XRP ETF has added short-term volatility rather than market optimism. The market has most likely interpreted these launches as classic “sell-the-news” events, creating downward pressure on XRP price even as interest in institutional products grows. XRP price technicals suggest a bearish trend Technical…
Filed under: News - @ November 21, 2025 11:30 am