Analyst Warns of XRP Downside Risk: Whale Wallet Count Falls to 339 as Exchange Reserves Rise by About 50 Million
26/10/2026 02:50:01
Bollcoin, October 25: Crypto analyst Ali said XRP could fall to $0.98 if whale selling continues. Data shows that over the past few weeks, the number of wallets holding 10 million to 100 million XRP fell from 351 to 339, while XRP held on exchanges rose from 11.003 billion to about 11.05 billion, an increase of roughly 50 million, and has remained elevated over the past week, potentially indicating rising selling pressure. Ali noted that $1.26 is the lower boundary of the price channel XRP has formed since August. If this support level is broken, the price could first drop to $1.11, and a further decline could reach $0.98, roughly 22% below $1.26.