XRP Volume Drops 66%; Is this a Sign of Price Drop?

Jakarta, Pintu News – According to data from CoinMarketCap, the trading volume of Ripple has seen a drastic drop of 66% in the last 24 hours, to just $2 billion. This drop has sparked concern in the market, but some analysts believe that a weekend drop in volume is normal.

Weekend Influence on Trading Volume

This significant drop in Ripple (XRP) trading volume may not be entirely alarming. Often, trading volumes tend to be lower during weekends due to reduced market activity. This could be the main factor that led to such a drastic drop.

Nonetheless, it is important to monitor whether this trend will continue in the following days. Moreover, the massive activity of Ripple (XRP) whales that occurred earlier suggests that there is still strong interest in this cryptocurrency.

On September 5, Whale Alert reported the transfer of 49,999,989 Ripple (XRP) worth $140,841,434 between unknown wallets. This shows that despite the drop in volume, great interest still exists in the market.

Also Read: 3 Major Factors that Could Drive a September 2025 Bitcoin (BTC) Rally!

Whale Activity and Its Impact

In the same week, several large transactions involving Ripple (XRP) were recorded. A total of 250,000,000 Ripple (XRP) worth $703,901,147 was moved from Ripple to an unknown wallet. This suggests that there are major movements in the Ripple (XRP) ecosystem that could affect market dynamics.

On September 3, another transaction involved moving 50,000,010 Ripple (XRP) worth $140,699,855 from an unknown wallet to a new wallet that was also unknown. This activity shows that although trading volumes are generally down, there are still large transactions happening in the background.

Ripple (XRP) Price Outlook

Despite the drop in volume, the price of Ripple (XRP) is still showing gains. In the last 24 hours, the price of Ripple (XRP) increased by 3.03%, reaching $2.89. This suggests that the market may still have a positive sentiment towards Ripple (XRP) despite the uncertainty in trading volume.

If the price manages to break and hold above the 50-day SMA at $3.04, it could pave the way for a further rise towards $3.40 and then $3.66. However, if the price drops below $2.69, it could lead to a further drop towards $2.20.

Conclusion

Ripple’s (XRP) large drop in trading volume may have sparked concerns, but the whale activity and price increase that occurred shows that the market still has strong dynamics. Investors and traders are advised to remain vigilant and monitor market developments to make informed decisions.

Also Read: 4 Reasons El Salvador Moved IDR11 Trillion in Bitcoin: Protection or Sell Signal?

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• U.Today. XRP Volumes Crash 66%: Price Warning. Accessed on September 8, 2025