XRP Price Recovers From the Bottom As Whales Buy the Dips
The post XRP Price Recovers From the Bottom As Whales Buy the Dips appeared on BitcoinEthereumNews.com.
Key Notes XRP trading volumes shot up 354% above the 30-day average, signaling a potential completion of the liquidity flush. On-chain data shows wallets holding over 1 billion XRP increased their holdings from 23.98 billion to 25.02 billion. XRP is showing its second-longest capitulation wick in history, similar to 2017 before a major rally. Amid the broader crypto market crash, Ripple’s native crypto XRP has corrected 13% and is currently trading at $2.44. However, the intraday chart shows that XRP took a dive to the lows of $1.5, before recovering again. The trading volume has surged 357% to more than $21.5 billion while interest has spiked again. XRP Price Stages Sharp Rebound From Bottom XRP suffered one of its steepest single-day declines in recent years on Friday, October 10, amid the broader crypto market crash. The Ripple crypto plummeted as much as 42% amid heavy whale liquidations and a sharp drop in futures open interest by $150 million. The sell-off dragged XRP to an intraday low of $1.54 before rebounding to $2.46, while trading volumes spiked 357% above the 30-day average. XRP has swept all major downside liquidity levels on the daily chart, according to market data. Analysts note that this move could indicate the completion of a liquidity flush, potentially setting the stage for a price rebound if buying pressure resumes. $XRP daily liquidity. All downside liquidity taken pic.twitter.com/jzZ5RZEsld — Cryptoinsightuk (@Cryptoinsightuk) October 11, 2025 Furthermore, with several spot Crypto ETFs waiting for approval in the October 18-21 timeline, it could serve as a potential catalyst moving ahead. The ongoing US government shutdown could play a spoilsport in this regard. XRP price is witnessing its second-longest capitulation wick in history. The last comparable event occurred in 2017, which preceded one of XRP’s most significant historical rallies, fueling speculation of…
