2026-01-08 17:24:12

XRP's recent decline has been quite fierce, dropping from its peak at the beginning of the year to $2.06, with no relief in sight over the past three days. The daily drop reached 6.43%, directly liquidating over $479 million in long positions — the market's madness makes the liquidation process all the more brutal.

Once hailed as the "new crypto favorite," it is now dragged down by the overall market correction. However, on-chain data suggests things might not be as bleak as they seem. CryptoQuant's monitoring shows that since mid-December, large-capital inflows to mainstream exchanges have been shrinking. Currently, whale funds account for 60.3% of the total inflow, which is much calmer compared to the previous frenzy — selling pressure appears to be easing.

XRP0,14%

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ChainSherlockGirl

· 11h ago

Hmm... Over 479 million longs were liquidated, but I saw whales on-chain actually slowing down? This storyline seems a bit off. --- Honestly, $2.06 XRP looks a bit bleak, but that 60.3% whale holding ratio is quite interesting—are the big players secretly lurking? --- Based on my analysis, this might not be about cutting losses this time, but rather selective manipulation? To be continued. --- A 6.43% single-day drop wiped out over 479 million longs. It sounds crazy, but exchange whale funds are actually shrinking... Interestingly, who is taking the buy-in at this moment? --- Wallet address data doesn't lie. The signal that big players are slowing down is worth keeping an eye on.

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TokenTaxonomist

· 17h ago

let me pull up my spreadsheet real quick... 4.79B in liquidations? statistically speaking, that's just whale culling. the 60.3% whale concentration metric actually suggests we're witnessing taxonomically predictable accumulation patterns rather than capitulation... cryptographic darwinism at work, ngl

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TokenVelocity

· 01-08 17:53

Oh my god, XRP was dumped another $479 million long position. This time it really hurts. Are the whales easing the sell-off? Why haven't I seen a rebound yet? Blown up at the beginning of the year, now it's a mess. This is the crypto market. On-chain data looks good, but what's the use? The market chart is the real thing. Wait, are the whales really withdrawing? Or are they brewing the next wave? XRP's breakdown is too brutal. It feels like it still has to fall. Relief from selling pressure does not equal a rise. Wake up, everyone.

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GasGrillMaster

· 01-08 17:45

Whales are shrinking, it seems smart money has already run away...

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GasFeeGazer

· 01-08 17:41

Damn, another day of bloodshed, leverage traders have to pay their tuition again XRP is still causing trouble, dropping straight from the altar, truly incredible Speaking of whales withdrawing, does this hint at something? Liquidation of 479 million is gone just like that, exchanges are making a killing again The bottom signal seems to be flashing, should we wait before entering?

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BloodInStreets

· 01-08 17:39

Here we go again, talking about stories. Is the shrinking of whale volume the bottom? To me, it looks more like they are switching chips. --- Clearance of 479 million, sounds great but nothing special. The market is always like this when it comes to harvesting. --- Selling pressure easing... Bro, you're speaking too early. There are still surprises ahead. --- On-chain data looks impressive, but before bottoming out, we need to see how institutions move. Don't just focus on whales eating leftovers. --- The new favorite becomes abandoned—just this? Should have gotten used to it long ago. --- Wait, is this really a relief from pressure or just calm before the storm? Time will tell.

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DegenDreamer

· 01-08 17:34

Damn, $479 million was liquidated directly, this round of liquidation is a bit outrageous... XRP's correction is indeed fierce, but the whale reducing their position feels like a signal? Another project that was hyped up and then crashed down, a cycle brothers Is the flow of funds to exchanges decreasing? Is this a bottom signal? It was hyped at the beginning of the year and now it's crashing, sounds really uncomfortable... but I still believe in on-chain data It's scary, but I'm just worried it might be another false rebound The liquidation bots are making a killing again, retail investors are always the last to benefit

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