Here’s Why XRP Risks Dropping to $1: Analyst

Renowned analyst Ali Martinez has issued a fresh warning to XRP holders, cautioning that the token could fall to $1 amid intense selling pressure from whales. 

This warning comes as the broader crypto market continues to face downturns in recent weeks due to macroeconomic headwinds, triggering widespread liquidations of heavily leveraged positions.

Meanwhile, in a tweet, Martinez highlighted that XRP’s price decline stands out, noting that it has been driven primarily by aggressive selling from large holders rather than general market weakness alone.

Consistent XRP Whales’ Sell-Off

According to him, whales have offloaded approximately 1.18 billion XRP over the past four weeks, significantly increasing selling pressure on the asset.

In a follow-up tweet, Martinez noted that large investors, commonly known as whales, held about 4.8 billion XRP on November 24, 2025. However, whale holdings have fallen to 3.62 billion XRP this week. This decline reflects a reduction of approximately 1.18 billion XRP from whale wallets.

Price Impact

This wave of distribution has already begun to reshape XRP’s price structure. According to Martinez, sustained whale selling pushed XRP below the critical $1.92 support level. Now, he believes XRP faces a heightened risk of a deeper correction.

Specifically, he pointed to a potential move toward the $1.00 level if bearish momentum persists and buyers fail to reclaim the lost support. At the current price of around $1.93, a move to $1 would represent a steep 48.18% decline.

It is worth noting that XRP last traded around $1 in mid-November. At the time, bullish momentum across the broader market, fueled by optimism following Donald Trump’s re-election, helped propel XRP sharply higher, eventually reaching $3.65 in July 2025.

However, XRP has since surrendered most of those gains amid worsening macroeconomic conditions and increased liquidations in the futures market.

Earlier this week, the token broke below the $2 psychological support level, briefly falling to a daily low of $1.86. Nonetheless, XRP has since rebounded, recovering the $1.92 region and currently trades around that level.

ETFs Buying XRP as Whales Dump

Despite Martinez’s warning that continued whale selling could push XRP lower, the broader XRP community remains optimistic. Many investors argue that XRP could soon stage a rebound amid the spot XRP ETF buying spree.

Notably, these products have already attracted cumulative inflows of $1.01 billion, with total net assets standing at about $1.16 billion.

Ripple’s CEO recently highlighted the strong performance of spot XRP ETFs, emphasizing that they have recorded consistent inflows with zero outflows over the past 30 days.

As a result, some community members believe that sustained institutional demand through ETFs could set the stage for a rally, mirroring the price surges Bitcoin and Ethereum experienced earlier this year.