Crypto markets took a sharp hit on November 4, 2025, with XRP leading the losses as big investors dumped holdings and prices slid toward key supports. This drop raises questions about a deeper crash, but upcoming ETF approvals could spark a turnaround. Investors watch closely as the altcoin tests critical levels.
Large XRP holders, known as whales, have sold off nearly 900,000 tokens in the past five days. This massive offload adds heavy pressure to an already shaky market. Data from blockchain trackers shows these sales happened amid a broader crypto slump, where total liquidations topped $1.3 billion in just 24 hours.
XRP’s price fell another 7% in the last day, hitting $2.27 and dipping to the vital $2.25 support level. Analysts point to this as a sign of weakening momentum. The sales come right after XRP faced rejection at $2.70, forming what experts call a lower high pattern. If this continues, prices could slide even further.
Market watchers note that whale activity often signals bigger moves. In this case, the dumps align with global economic worries, including Federal Reserve policy shifts that rattled investors.
One key factor: Bitcoin’s own slide below $68,000 dragged altcoins like XRP down with it. Traders liquidated positions fast, wiping out $18 million in XRP bets alone, according to CoinGlass data from recent reports.
Analyst Warnings Point to Deeper Correction
Crypto experts are sounding alarms about XRP’s path ahead. Analyst Alt Crypto Gems highlighted the risk after the coin’s rejection at $2.70. They warn that failure to break back above this level might push XRP toward $2 or lower.
This view matches patterns seen in technical charts. XRP has erased gains from its recent peak near $2.60, losing about $1.5 billion in market value in hours. The drop follows a 4% fall in the overall crypto market cap to $3.45 trillion, as per industry updates.
If XRP can’t reclaim resistance soon, a deeper correction could test the $2 mark once more. That’s a level not seen since earlier rallies. Some see this as a buying chance, but others fear it signals broader weakness.
Historical data adds context. November has often been strong for XRP, with past gains sparking optimism. Yet, current selling pressure from whales and liquidations challenges that trend.
Traders should watch volume spikes. Recent sessions showed aggressive buying after dips, but sellers quickly returned, per on-chain analysis from July 2025 reports that noted similar patterns.
ETF Approval Buzz Offers a Lifeline
Amid the gloom, hope flickers from potential spot XRP ETF approvals. Grayscale recently updated its application, and industry experts predict a green light as soon as next week. This follows filings from firms like Bitwise and Canary Capital, aiming for launches by mid-November.
Analysts expect these ETFs to draw fresh capital, possibly locking up a big chunk of XRP supply. One update suggests a single ETF could tie up over 0.5% of total tokens, creating a supply shock that boosts prices.
Approval could propel XRP toward $3.60, countering the current rout. That’s the bullish target if the SEC nods yes, based on forecasts from trading news sources. However, delays or denials might worsen the slide to $1.25.
The timing is key. Ripple’s Swell 2025 event looms, clashing with market anxiety over U.S. economic risks. ETFs like XRPI and XRPR already dropped 10% in anticipation, but a positive pivot could change everything.
| ETF Name | Recent Price | Change |
|---|---|---|
| XRPI | $13 | -10% |
| XRPR | $21.02 | +7.19% (prior rally) |
This table shows mixed signals in ETF performance, highlighting the uncertainty.
Broader Market Impact and Investor Strategies
The XRP drop isn’t isolated. It mirrors a crypto-wide correction driven by Fed policies and economic jitters. Total market cap fell sharply, pressuring altcoins hardest.
Investors face tough choices. Some whales accumulate during dips, with over 1 billion tokens moved recently, per trading insights. This could signal confidence in a rebound, especially with ETF hype.
Key strategies include:
- Monitoring support at $2.25 to avoid panic selling.
- Watching for whale buys as a reversal sign.
- Preparing for volatility around the November 13 ETF deadline.
These moves affect everyday holders, who might see portfolio hits but also chances for gains if approvals land.
In a volatile space, staying informed helps. Past events, like the SEC’s appeal drops in March 2025, led to rallies, offering lessons for now.
This XRP turmoil hits home for many investors, shaking confidence in quick recoveries while dangling the promise of regulatory wins that could reshape portfolios and fuel long-term growth.

