Why did the price of Ripple (XRP) fall today?

Why did the price of Ripple (XRP) fall today?

XRP has lost the most value among the larger-cap alts.

While most of the cryptocurrency market has turned red today following BTC’s failed breakout attempt to $94,000, Ripple’s native token has fallen the most, which is somewhat surprising given the impressive inflows into the spot XRP ETFs in the US.

However, other developments around the overall XRP ecosystem may have increased the immediate selling pressure. One of these is the behavior of whales, which have continued to throw away large amounts of the token.

Although they have issued over 1.4 billion coins in about a month, as reported in early November, they have not changed their tune and continue to do so. The latest wave of sales took place earlier this week, with 140,000,000 tokens “being sold or redistributed,” according to Ali Martinez.

Another plausible reason could be the reduced demand for spot XRP ETFs. As reported earlier this week, the financial instruments tied to Ripple’s token have outperformed counterparts BTC, ETH, and SOL since their inception in mid-November, but the amount of inflows has gradually declined.

They are still in the green as their impressive run continues, but total net inflows for December 4 were just $12.84 million, nowhere near the records of $243 million (November 14), $164 million (November 24) and $118 million (November 20).

The latest rejection at $2.20 and the subsequent return to the current level of $2.07 have also changed the sentiment among the public. Santiment previously noted that social media FUD around XRP has reached its most intense level since October.

However, this could actually be a bullish sign for the asset, as the last time this happened the price skyrocketed by over 20% in just a few days.

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For now, though, XRP remains down nearly 10% YTD, even though the company behind it has made 2025 its best year ever.

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