XRP
Why XRP is down 1.4% in the last hour
Analysis
XRP slipped 1.4% over the past hour amid reports of an abrupt, heavy sell-off—U.Today noted a roughly $70 million dump in seconds that left the price struggling to recover, which likely weighed on near-term sentiment and liquidity. Broader regulatory overhang and ongoing weakness were also highlighted by AMBCrypto, which pointed to XRP remaining under pressure despite Ripple’s banking-focused buildout.
Contributing Factors (3)
XRP Sees $70 Million Sell-Off in Seconds as Price Struggles to Recover
XRP continues to plunge as large token offloads continue to fuel selling pressure. The asset saw over $70 million worth of its token dumped on Bybit.
Goldman Sachs Holding $152M in XRP
Goldman Sachs has disclosed over $260 million in new positions across XRP and Solana (SOL) as the banking giant pivots toward utility-driven crypto infrastructure.
Ripple may be building for banks, but XRP still down 20% – Why?
Custody upgrades and stablecoin clarity are yet to move the price.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.