XRP has experienced a significant decline, losing 50% of its value since the start of Q4 2025. The cryptocurrency’s market capitalization has dropped from $170 billion to $86 billion, marking a loss of $84 billion. Despite this downturn, whale investors have increased their holdings by 3 billion tokens, representing nearly 5% of XRP’s circulating supply.
Whale addresses holding between 10 million and 100 million XRP have taken advantage of the price drop to accumulate more tokens. Their holdings have grown from 8.33 billion XRP in early November to 10.9 billion tokens currently. In contrast, smaller investors, or “sharks,” holding between 100,000 and 1 million XRP, have reduced their holdings by 220 million tokens during the same period.
XRP’s price began October 2025 at $2.84 and has since fallen to $1.41, with a brief low of $1.11 on February 6, 2026. This decline makes XRP one of the largest contributors to the $1.52 trillion loss in the broader crypto market, following Bitcoin and Ethereum.
