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XRP Price Under Pressure: 30M XRP Whale Sale Pushes Token Down 4%

20.06.2026
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XRP price is down by 4% over the past 24 hours, after an on-chain data confirmed a coordinated wave of whale distribution that erased a multi-day rally in under 72 hours. The token briefly touched $1.29 before sellers stepped in hard, and large-wallet behavior is now the dominant price driver.

According to data, wallets holding at least 1 million XRP offloaded more than 30 million tokens over five days, with Santiment data showing combined large-address holdings dropping from 3.82 billion to 3.77 billion XRP.

More than 30 million $XRP have been distributed by whales in the last five days. pic.twitter.com/O8bEiR7Fwf

— Ali Charts (@alicharts) June 19, 2026

This supply hit spot exchanges directly, absorbing the buying pressure that had built from a $1.14 base on June 14. A cascade of leveraged long liquidations in derivatives markets accelerated the drop, with new Fed Chair Kevin Warsh delivering hawkish signals that killed rate-cut expectations and hit risk assets globally.

The macro overhang is not going away fast. Can XRP’s spot ETF inflows of $5.30 million on June 16 and $2.55 million on June 18 be enough to absorb continued whale selling?

Discover: The Best Crypto to Diversify Your Portfolio

XRP Price Prediction: $1.20 or Is a Test of $1.05 Next?

XRP is currently consolidating near $1.12, having lost every support level it built during the June rally. The move from $1.14 to $1.29 and back down was a full round-trip with nothing to show for it.

Resistance is now stacked between $1.20 and $1.25, the range where profit-taking overwhelmed buying. Below the current price, the next meaningful support zone sits near $1.05, flagged by analysts as the next critical battleground.

xrp logoXrp (XRP)24h7d30d1yAll time

A daily close beneath $1.10 would make that test highly likely. Momentum indicators remain bearish, with price trading below short-term moving averages and volume on down days outpacing recovery sessions.

If whale selling exhausts, and ETF inflows accelerate, XRP could reclaim $1.20 within the week and sets up a retest of highs. The ETF inflow data offers a genuine counterpoint for bear

Discover: The Best Token Presales

Maxi Doge Presale Draws Rotation Capital as XRP Stalls at Key Levels

When a mid-cap like XRP gives back a full rally in three days with no structural damage repaired, active traders start scanning for asymmetric setups elsewhere. That rotation is real, and it tends to favor early-stage projects where the entry price hasn’t already been through a 4% haircut before the week ends.

Maxi Doge ($MAXI) is pulling that attention in the meme token segment. Built on Ethereum, the project frames itself around high-conviction trading culture, 1000x leverage mentality, holder-only trading competitions with leaderboard rewards, and a Maxi Fund treasury designed for liquidity management and partnerships.

Red candles need a beat down. pic.twitter.com/qiWrkdIHqI

— MaxiDoge (@MaxiDoge_) June 17, 2026

The presale has raised $4.8 million at a current token price of $0.0002824, with dynamic staking APY available to participants. The community competition structure differentiates it from pure meme plays with no retention mechanism.

Traders considering a position should research Maxi Doge.

The post XRP Price Under Pressure: 30M XRP Whale Sale Pushes Token Down 4% appeared first on Cryptonews.

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Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

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