LIVE
RedotPay Says It Will Defend Itself Against Binance LawsuitPutin Signs Russia's First Comprehensive Crypto LawPutin Signs Russian Law Regulating Bitcoin and CryptoCircle Shares Fall After EPS Beat, Net Income Gain, Revenue MissJapan FSA to Launch Crypto and Stablecoin Division by August 7: ReportThree Missouri Men Face 20 Years in Bitcoin Home Invasion PlotColdcard Wallet Hack Losses Reportedly Exceed $100 MillionCFTC Crypto Derivatives in 2026: Futures, Perpetuals, Margin, and Market OversightHow the SEC Classifies Crypto Assets and Tokenized SecuritiesCrypto Regulator Responsibilities by Product in 2026RedotPay Says It Will Defend Itself Against Binance LawsuitPutin Signs Russia's First Comprehensive Crypto LawPutin Signs Russian Law Regulating Bitcoin and CryptoCircle Shares Fall After EPS Beat, Net Income Gain, Revenue MissJapan FSA to Launch Crypto and Stablecoin Division by August 7: ReportThree Missouri Men Face 20 Years in Bitcoin Home Invasion PlotColdcard Wallet Hack Losses Reportedly Exceed $100 MillionCFTC Crypto Derivatives in 2026: Futures, Perpetuals, Margin, and Market OversightHow the SEC Classifies Crypto Assets and Tokenized SecuritiesCrypto Regulator Responsibilities by Product in 2026
Homepage/Altcoin News/XRP Faces 4% Price Drop Amid Market Volatility
ALTCOIN NEWS

XRP Faces 4% Price Drop Amid Market Volatility

BY Solomon M.·2 MIN READ·JANUARY 31, 2026

XRP’s price dropped 4-5% to approximately $1.71-$1.73 on January 31, 2026, due to a major technical breakdown and increased long liquidations on Binance.

KEY FINDINGS - EVIDENCE LEVEL: MULTI-SOURCE
1Key sections mapped in this report
0Internal references connected to related coverage
2External source domains cited in the article
2 minEstimated time to read the full report
Key Takeaways:
  • XRP dropped 4-5% due to a technical breakdown and liquidation.
  • Key players show retail outflows of 145M XRP and whale accumulation.
  • Declining derivatives metrics and record long liquidations above $22M.

The decline signifies heightened market volatility and highlights a liquidity squeeze as retail panic selling contrasts with whale accumulation, potentially influencing broader crypto trends.

The XRP price has dropped approximately 4-5%, reaching around $1.71-$1.73, outpacing a broader market decline of 0.8%. This significant drop follows a major technical breakdown below the crucial $1.80-$1.90 support zone.

Anonymous traders, particularly retail addresses holding less than 10,000 XRP, drove notable outflows, contrasting with whale accumulation exceeding 82 million XRP. Meanwhile, Binance’s long liquidations surpassed $22 million, highlighting increased volatility.

Major breach after losing $1.80-$1.90 support, targeting $1.65 next or $0.50 long-term.

The Great Martis, Analyst, TradingView

The decline in XRP has impacted market conditions significantly. Exchange-held XRP balances fell over 50% to 1.6 billion tokens, but this was offset by whale activities absorbing supply. Metrics show decreased open interest by 6% and derivatives volume by 39%.

Financial implications are considerable, with exchange balances dropping 50% and long liquidations hitting their highest since November 2025. The lack of direct impacts on BTC or ETH indicates XRP-specific challenges that merit industry attention.

Insights reveal potential for further price volatility, with predictions pointing towards a dip to $1.65 or lower. Analysts suggest technical breaches and liquidation records as precursors to further market movements, emphasizing the need for caution.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

SOURCE TRANSPARENCY
  • External Source - Referenced domain: altindex.com
  • External Source - Referenced domain: twitter.com
  • Byline - Reported by Solomon M.
  • Coverage Desk - Primary editorial category: Altcoin News
  • Media Asset - Featured image served from the WordPress media library