Bitcoin, Ethereum and XRP dropped in the same stretch, and the largest wallets treated the dip as a place to add. CryptoPotato reports the three coins sold off together while whale wallets accumulated, a pattern that shows up when big holders think the pain is temporary.
A whale is a wallet holding enough of a coin to move the market on its own. When those wallets buy into a fall, it doesn't stop the price from dropping.
What it does is tell you who is on the other side of the selling: someone with real size is catching the coins others are throwing away.
Whales bought while the screen was red
Whale activity gets measured through on-chain flows, which track coins moving between private wallets and exchanges. When coins leave exchanges for private wallets, it usually means holding. When they flood back in, it often means the opposite.
CryptoPotato's read on this move is that the big wallets leaned toward holding. That's not a promise of a bottom. It's one clue, and it's the kind that only looks obvious after the fact.
ETF money kept arriving as the price sank
The stranger part of this stretch sits on the fund side. CryptoPotato reports Ripple ETFs notched another green week, meaning the funds took in more money than they paid out, even as XRP's price kept falling. An ETF flow is money entering or leaving a listed fund.
A green week means net inflows, so more dollars bought shares than sold them. Buyers were stepping in through the fund wrapper while the spot price slid. That gap between fund demand and spot price is the thing to keep watching.
XRP holds a line at $1.40, with $1.20 behind it
The price question now rests on two levels. CryptoNews frames it as whether XRP can hold $1.40, or whether $1.20 comes next. If $1.40 holds, the buyers who showed up during the drop get a win.
If it breaks, $1.20 is the next place traders expect a fight. CryptoNews treats the lower level as the realistic downside if support gives way.
Eleven days until the ledger gets its fixes
There's a scheduled piece of news in the mix. U.Today says the XRP Ledger is 11 days out from a batch of wide-ranging protocol fixes. Protocol fixes are changes to the rules the network runs on, agreed by the community and switched on once the network accepts them.
They matter for how the ledger handles transactions and features, not for the price on any given afternoon. Traders still watch them, because upgrades can shift what the network is able to do.
The level that settles the argument
The next real answer comes at $1.40. Hold it, and the accumulation story gets support. Lose it, and $1.20 is the level everyone names next. In 11 days, the ledger change lands, giving the network something to prove that the price chart can't.