On February 14, it was reported that since Q4 2025, XRP’s price has continued to weaken, with a total decline of 50%. However, on-chain data shows that some major whales have significantly increased their holdings at low prices, accumulating approximately 3 billion tokens, which has sparked widespread market attention to the “buying the dip” signal.
Data indicates that XRP has fallen from a high of $2.84 in early October 2025 to around $1.41, with the largest drop exceeding 61%. As the price declined, its market capitalization shrank from $170.5 billion to about $86 billion, evaporating over $85 billion, making it the second-largest loss after Bitcoin and Ethereum in the overall crypto market cap contraction.
Meanwhile, despite the price pressure, large on-chain holders have shown a clear contrarian behavior. Addresses holding between 10 million and 100 million XRP have continued to add to their positions since Q4 2025, currently holding about 10.9 billion XRP, approximately 5% of the circulating supply. Compared to the early decline, this group has added about 3.01 billion tokens, indicating strong confidence in the medium to long-term value.
It is noteworthy that this accumulation was not a one-time event. In November 2025, when XRP rapidly dropped from $2.50 to $1.81, these whales significantly increased their holdings from 8.33 billion to 10.82 billion XRP. Although there was no further explosive buying afterward, they continued to maintain a net inflow.
In contrast, medium-sized holders with 100,000 to 1 million XRP have chosen to reduce their holdings. Their positions decreased from 6.55 billion to 6.33 billion XRP, with about 220 million tokens sold off during this period, indicating short-term caution.
Market analysts point out that during sharp corrections, capital often shifts from emotional holdings to long-term accounts. The current on-chain structural changes in XRP may suggest that chips are consolidating among more patient holders. If the overall market stabilizes, this “buying the dip” behavior could become an important factor influencing future trends.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
