Saad Ullah
It's been a brutal month for one high-profile XRP holder. Frustrated and convinced the crash was deliberate, they announced they're selling everything—calling it "market manipulation at its finest." The timing stings even more because the drop happened right around Ripple's Swell 2025 conference, an event that's usually supposed to be bullish for XRP. Instead, the chart tells a painful story: a relentless slide from $26 million down to roughly $18 million.
What the Chart Shows
Known online as TheXRPguy, this investor just watched over $8 million evaporate from their portfolio in less than 30 days.
The 30-day graph paints a clear picture of sustained decline with barely any relief:
- Early crash: Portfolio started near $26 million, then quickly dropped below $22 million
- Failed rallies: A few mid-month bounces pushed it back toward $24 million, but each recovery got smacked back down
- Final capitulation: By month's end, the portfolio sat around $18–19 million—a brutal 31% loss
- Swell timing: The sharpest drops came right as Ripple's Swell conference was happening, fueling suspicions of coordinated selling
Manipulation or Just Crypto Being Crypto?
While proving manipulation is tough, XRP's history shows a pattern: prices often pump before Swell on hype, then crash hard once the news actually drops. Classic "buy the rumor, sell the news."
But it's not just about Swell. XRP is also getting squeezed by broader market headwinds—Bitcoin stalling under $100K, capital rotating into AI and DeFi tokens, and lingering regulatory uncertainty. Throw in some cascading liquidations from overleveraged traders, and you've got a recipe for pain.
The emotional tone of the post—"Only the mentally strong can process this"—shows just how psychologically brutal these drawdowns can be, even for people sitting on millions. Rage-selling at the bottom often locks in losses, but it's also a sign that weak hands are exiting. Sometimes, that's when smarter money quietly starts buying again. Whether XRP bounces back or keeps bleeding remains to be seen—but this whale's exit is a stark reminder of crypto's unforgiving volatility.
Saad Ullah
