XRP Falls 10% as Profit-Taking and Whale Movements Intensify Selling Pressure

XRP tumbled nearly 10% over the past week to around $3.13, significantly underperforming Bitcoin’s 2.25% and Ethereum’s 0.50% drops. Data from Glassnode reveals that over 93% of XRP’s circulating supply remains in profit, sparking a wave of profit-taking among long-term holders.

xrp

This profit-taking pressure is stronger than Ethereum’s, where 84.7% of holders are in the green. Historically, when such high percentages of supply are in profit, markets often face increased selling as investors lock in gains—especially near resistance levels.

The pressure intensified as XRP neared its recent high of $3.60, with Ripple co-founder Chris Larsen reportedly transferring $175 million in XRP to multiple addresses. On-chain sleuth zackXBT confirmed that $140 million of this was sent directly to exchanges, sparking fears of large-scale dumping.

Short-term holders who bought between $2.30–$2.80 also panicked during the correction, compounding the selloff.

With whale activity and profit-taking cascading through the market, XRP may struggle to recover in the near term. Analysts suggest support could re-emerge in the $2.30–$2.80 range, while any breakout above $3.60 would require renewed, strong demand.

For now, XRP’s price remains under pressure as supply-demand dynamics seek new equilibrium.

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Crypto Insane: 7 Real Events That Shook the Blockchain World Today

What Happened in the Crypto World Today

Yo, crypto fam it’s been a wild ride today. Whether you’re deep in DeFi or casually holding some meme bags, you need this roundup. Let’s break down 7 things that actually happened in the crypto scene in the past 24 hours no fluff, just facts.

Crypto Reality Check: 7 Events You Missed

  1. Bitcoin held strong around $118,500 after a shaky moment when the U.S. Fed decided to keep rates steady. Price dipped for a sec but bounced right back. ETH and SOL also saw solid green candles.
  2. The White House dropped a massive 160-page crypto framework they’re trying to pin down what counts as a security and what doesn’t. TLDR: SEC and CFTC are about to get real busy.
  3. Syz Capital is making moves again. They’re reopening their BTC hedge fund with 2,000 BTC (~$200M) already being stacked.
  4. A dude in India just got busted for stealing over ₹379 crore ($44M) from CoinDCX. Wildest part? He might’ve used a freelance gig as a cover.
  5. In the UAE, RAKBANK became the first traditional bank to offer crypto trading straight to retail customers. Gamechanger for the region.
  6. NFTs are still hot sales in July hit $583M, a 47% jump. ETH-based collections dominated as usual.
  7. Overall market is slightly green, with 75 of the top 100 coins in the green zone. Total market cap is sitting around $3.96T.

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Coinbase Launches Nano XRP and Solana Futures for U.S. Traders

Coinbase is expanding its U.S. derivatives offerings by launching nano futures for XRP and Solana (SOL) starting August 18. These products are part of Coinbase’s strategy to attract retail traders with more accessible, regulated tools.

coinbase

Nano futures are smaller-sized contracts ideal for everyday traders. The new nano XRP futures will represent 500 XRP per contract, cash-settled in U.S. dollars, with pricing moves as fine as $0.0001. Meanwhile, nano SOL futures will track 5 SOL per contract, with $0.01 price increments. Both contracts technically expire in December 2030, but fresh ones will roll out monthly.

This initiative builds on Coinbase’s earlier futures rollout, including nano Bitcoin and Ethereum contracts, and follows a May 2025 expansion of 24/7 perpetual futures for ADA, SOL, and XRP. Now, the platform is deepening its reach with these lower-barrier entries.

As one of the few U.S.-regulated platforms under the CFTC, Coinbase is uniquely positioned to offer compliant crypto derivatives. The move taps into growing demand from U.S. retail traders for leverage and risk tools that are both accessible and safe.

Given XRP and Solana’s strong user bases, these nano contracts could see rapid adoption among U.S. users previously locked out of such products.

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Bitcoin Faces $120K Resistance as Long-Term Holders Sell: Bull Flag or Breakdown?

Bitcoin trades at $117,777 on July 30 after slipping 0.85% in the last 24 hours, facing resistance near the $118K–$120K range. Long-term holders (LTHs) are beginning to distribute, with over 52,000 BTC sold around the $118K mark, mirroring past market cycles when holders locked in profits at key psychological levels.

bitcoin

Blockchain analyst Axel Adler Jr notes this behavior is consistent with distribution zones seen in Bitcoin’s previous rallies. Meanwhile, over $431 million in leveraged long positions were liquidated, intensifying downward pressure.

Crypto analyst Crypto Patel pointed out a potential bull flag pattern on Bitcoin’s 4-hour chart, which could suggest a continuation of the uptrend if BTC breaks above $120K. However, rejection at this level may push the price back to $114K, invalidating the bullish scenario.

Currently, Bitcoin trades within a $114K–$120K channel. The RSI is at 45.93, indicating neutral sentiment, while the 20-day EMA at $118,255 acts as resistance, and the 50-day EMA at $117,165 provides support.

If bulls break above $120K with volume, Bitcoin could surge toward $130K. If not, a breakdown below $114K could open doors to a deeper retracement below $100K. The market stands at a crucial pivot point.

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Breaking ! BNB Hits New All-Time High at $832 Is $1,000 Next?

Binance Coin is making waves once again, rallying to an impressive $832 — its highest level since 2021, backed by strong technicals and rising institutional interest. With only a few percentage points away from its recent ATH of $859.59, market sentiment is heating up as analysts eye a potential breakout to $1,000.

Activity Surge and Institutional Inflows

Recent on-chain data reveals a 37% rise in active addresses over the past month, surpassing even Solana’s growth rate, making BNB the 5th most valuable cryptocurrency by market cap.

Behind the scenes, the June 30 Maxwell upgrade has enhanced validator coordination, shortened block times, and improved network throughput, creating a smoother and more scalable user experience.

Institutional confidence in Binance Coin is also on the rise:

  • Windtree Therapeutics added $520 million worth of BNB to its treasury.
  • Nano Labs (listed on NASDAQ) secured 128,000 BNB tokens worth approximately $108 million.

Technical Indicators Point to Strength

BNB recently broke the $750 resistance and is now consolidating near $832. The Relative Strength Index (RSI) stands at 70.34, suggesting overbought territory, but still trending upward — often a sign of strong momentum.

The MACD also confirms a bullish pattern, with the blue MACD line crossing above the orange signal line, indicating sustained buying pressure.

What’s Next for BNB?

With a bullish on-chain trend, growing whale activity, and institutional adoption, analysts are closely watching the next two levels:

  • $900: A crucial near-term resistance
  • $1,000: The psychological and technical milestone

If momentum holds, BNB could challenge $1,000 in the near future. However, if market sentiment shifts or macro conditions tighten, a short-term pullback to $750 remains possible.

Final Word

BNB’s breakout is more than just price action — it reflects growing trust from institutions and a solid blockchain foundation. While the road to $1,000 may not be linear, current signals indicate BNB is positioned to shine among large-cap altcoins.

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Insane ! Crypto $379M Liquidated in 24H as Ethereum Leads Crypto Wipeout

$379M Liquidated in Crypto Market in 24H, Over 120K Traders Affected

More than $379 million worth of crypto positions were wiped out in the past 24 hours, impacting over 120,000 traders, according to data from CoinGlass. The sudden liquidations reflect heightened volatility and increased leverage across major crypto assets, with Ethereum (ETH) traders bearing the largest losses.

Ethereum Tops Daily Liquidation Charts

Ethereum traders lost over $122 million combined, split between $68 million in long positions and $54 million in shorts. Analysts believe the volatility near key resistance and support levels forced both bullish and bearish traders out of the market.

As ETH price hovers around technical zones with no strong breakout, both sides of the market were caught off guard.

Bitcoin Losses Lower, but Shorts Took a Hit

Bitcoin-related liquidations totaled $35.5 million, with most losses occurring on the short side. This suggests many traders expected a pullback, but BTC’s stability near all-time highs flipped expectations.

Despite the relatively smaller figure, Bitcoin’s resilience continues to squeeze out bearish positions as the market holds firm in bullish territory.

HTX Sees Largest Liquidation at $2.68 Million

The single largest liquidation recorded in this cycle was a $2.68 million short position on the ETH/USDT pair on the HTX exchange. Though Ethereum’s price movement remained muted, the high leverage involved triggered a full liquidation—highlighting the risks of overexposure.

This event reinforces the classic crypto warning: using borrowed capital can magnify both gains and losses—and even small price movements can lead to massive wipeouts.

2025’s High-Risk Trend Persists

The current liquidation event is part of a broader 2025 trend: increased leverage, more frequent margin calls, and high-volume liquidations amid uncertain macro conditions. Crypto markets are swinging fast, and overleveraged traders continue to suffer the consequences.

According to analysts, many of the 120,000+ affected traders were shorting the market. But instead of dipping, prices held or climbed slightly—just enough to trigger liquidations across major exchanges.

Final Warning: Leverage Carries Extreme Risk

This sharp $379 million wipeout serves as a reminder to traders: crypto can be calm one moment and devastating the next. Even without major news or market crashes, small price fluctuations can cause massive losses when leverage is involved.

Investors should remain cautious, especially when using margin or derivatives, as 2025 continues to see high volatility and quick reversals across digital assets.

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Insane ! DeFi Market Hits $153B as Ethereum Strikes Near $4,000

DeFi Market Hits $153B as Ethereum Rallies Near $4,000

The decentralized finance, DeFi market has reached a fresh three-year high, with Total Value Locked (TVL) surpassing $153 billion, according to DefiLlama. This milestone follows a massive rally in Ethereum (ETH), which recently climbed above $3,900, sparking renewed interest in yield-generating DeFi protocols.

Defi Market, Ethereum Surge Fuels DeFi Boom

Over the past month, Ethereum’s price jumped over 60%, moving from $2,423 to $3,887. As of today, ETH is hovering around $3,786, marking a 7-day gain of 3%. This bullish momentum is largely driven by institutional inflows, particularly from firms such as:

  • Sharplink Gaming, which boosted its ETH treasury to 360,807 ETH (worth over $1.3 billion).
  • BitMine, which reportedly executed a $2 billion ETH acquisition earlier this month.

These moves have amplified the TVL across Ethereum-based DeFi protocols, with investors seeking higher returns than traditional staking alone.

Ethereum Dominates DeFi TVL

Ethereum continues to dominate the DeFi space, holding a 59.5% share of the entire market. Leading platforms include:

  • Lido – around $34 billion TVL
  • Aave – about $32 billion TVL

The $153 billion DeFi TVL is now higher than December 2024 levels and is approaching May 2022 highs, just before the Terra ecosystem collapse wiped out over $60 billion in value.

Yield Farming Strategies Gain Popularity

In 2025, passive holding is no longer the norm. DeFi users now aggressively pursue yield farming strategies that go beyond standard staking (which typically offers 1.5%–4% APR).

A strategy shared by OlimpioCrypto on X involves looping USDC and sUSDC between Euler and Spark on Unichain, earning up to 25% APR through:

  • Spark’s SSR and OP rewards
  • Euler’s rEUL and USDC subsidies

For newcomers, a simpler version involves just minting sUSDC on Spark and pairing it with USDC on Euler. While yields are slightly lower and may last just a week, these methods are gaining traction due to their potential for quick gains.

Final Thoughts

With ETH nearing the $4,000 mark and DeFi protocols offering creative ways to earn double-digit yields, the DeFi market is back in the spotlight. As institutional adoption deepens and more users explore high-yield strategies, $153 billion may only be the beginning for DeFi in 2025.

However, investors should remain cautious, as many yield incentives are short-lived, and defi market reversals can trigger swift liquidity exits.

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BTCS Surpasses $270M in Ethereum Holdings After $10M Premium Raise

BTCS Inc. (Nasdaq), a blockchain-focused firm, has officially crossed the $275 million mark in digital assets on its balance sheet. This comes after a successful $10 million capital raise through above-market convertible notes priced at $13 per share — a massive 198% premium to BTCS’s July 18 closing price.

btcs

As part of its capital deployment strategy, BTCS increased its Ethereum reserves by 14,240 ETH, bringing total ETH holdings to 70,028. At $3,850 per ETH, that’s a valuation of around $270 million just in Ethereum — which the company actively stakes and utilizes for block building via NodeOps and Builder+ platforms.

CEO Charles Allen stated the premium financing validates investor confidence in the company’s DeFi/TradFi Accretion Flywheel strategy — a model balancing decentralized and traditional finance operations for yield and capital efficiency.

Additionally, BTCS raised another $1.64 million through its ATM program by selling over 271,000 shares at $6.04 each. Year-to-date, the company has raised $207 million through a mix of equity sales, premium debt offerings, and DeFi lending — all while managing dilution and maximizing crypto exposure.\

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Insane !Ethena (ENA) Soars Over 130%: Bullish Breakout or Overheated Hype?

Ethena (ENA) has skyrocketed 133% in the last 25 days, touching a high of $0.5367 and lighting up the altcoin charts. With a massive $1.68 billion in 24-hour volume and a $3.39 billion market cap, ENA is grabbing serious attention.

ethena

The altcoin recently smashed through resistance levels at $0.36 and $0.47, confirming a breakout from previous consolidation zones. The rally appears backed by strong volume spikes, hinting at large-scale trader or institutional interest.

From a technical standpoint, ENA’s Relative Strength Index (RSI) stands at 74.80 — a signal that the token might be overbought and due for a cooldown. Yet, the MACD indicator remains bullish, with the MACD line comfortably above the signal line.

Analysts are watching resistance at $0.695 and $0.805 if momentum continues. On the flip side, key support sits at $0.47 and $0.36 in case of a pullback.

While the rally looks promising, traders should watch for short-term volatility and overbought corrections. As always, risk management remains key in altcoin cycles.

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Bitcoin Hashrate Hits Record High as Miners Dominate—But Regulators Are Watching

Bitcoin’s hashrate just hit a fresh all-time high, signaling peak mining activity and stronger network security. The surge seems to reflect growing miner confidence, especially with BTC trading at $118,900 — up 0.65% in the last 24 hours.

bitcoin

Top dogs in mining? Foundry USA leads the pack with over 302 EH/s and 48 blocks mined, owning more than 30% of the network. Right behind are AntPool, F2Pool, ViaBTC, and SpiderPool — all contributing significantly, without any empty blocks reported. However, falling block fees — especially ViaBTC’s 20.95% plunge — suggest some tension beneath the surface.

More power means more scrutiny. Onesafe’s latest findings warn that while a higher hashrate fends off threats like the 51% attack, it also fuels hardware and energy arms races. Europe’s MiCA regulations are already spotlighting Bitcoin mining’s environmental footprint, demanding more transparency and greener operations.

As hashrate and price climb together, the future of mining looks profitable — but far from chill.

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