updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131For over a decade, Ripple and its executives have been steadily dumping XRP into the open market. Because XRP was fully created at launch, every token sold came from a known and finite supply. By comparing the original allocations from 2012 with current on-chain holdings, it is now possible to calculate how much XRP Ripple and its executives have offloaded so far.
XRP was launched in 2012 with a fixed supply of 100 billion XRP, all created at once on the XRP Ledger. There has never been mining, staking, or inflation. Of that total supply, 80 billion XRP were transferred to the company that later became Ripple, while the remaining 20 billion XRP were allocated to founders and early insiders. The core individuals involved at launch were Jed McCaleb, Arthur Britto, and David Schwartz.
More than a decade later, the remaining holdings of Ripple and its executives provide a clear benchmark for calculating how much XRP has been sold. Combined, Ripple and named executives currently control about 41.485 billion XRP. Ripple itself holds approximately 37.685 billion XRP, split between 3.5 billion XRP in wallets that can be accessed directly and 34.185 billion XRP locked in escrow.
Among executives, Chris Larsen, Ripple’s chairman, holds about 2.5 billion XRP across eight wallets, while Arthur Britto controls roughly 1.3 billion XRP spread across seven wallets. David Schwartz, despite being a co-founder, holds a significantly smaller amount, peaking historically at around 26 million XRP, far below the multi-billion-token balances of other insiders.
When current holdings are subtracted from the original allocations, the numbers indicate that Ripple and its executives have sold or distributed approximately 58.515 billion XRP since 2012.
The scale of these sales often raises concerns about long-term price pressure, but timing is critical. XRP’s earliest recorded market price was approximately $0.00587 in August 2013. Today, it trades near $1.88, reflecting a remarkable increase of roughly 31,756% over that period.
These gains unfolded even as billions of XRP entered circulation gradually rather than in sudden waves. In 2017, Ripple implemented an escrow system that locked up 55 billion XRP, allowing up to 1 billion XRP to be released each month. Any unused portion is returned to escrow, effectively limiting unexpected supply shocks. As of 2026, 34.185 billion XRP remain locked under this system.
Cumulatively, the 58.515 billion XRP sold over 13 years would be valued at approximately $109 billion at today’s prices. These sales occurred alongside ongoing ecosystem development, legal challenges, and multiple market cycles, highlighting that distribution happened in a managed, phased manner.
Overall, while Ripple and its executives have distributed a significant portion of their holdings, the careful, escrow-managed approach over more than a decade coincided with sustained price appreciation. This suggests that strategic, phased selling has not undermined XRP’s long-term market growth.
Featured image created with Dall.E, chart from Tradingview.com
Dogecoin
DOGE
$0.17
24h volatility:
1.9%
Market cap:
$25.42 B
Vol. 24h:
$3.97 B
holders saw a massive surge in selling pressure, with over 1 billion tokens dumped by whales in just one week, according to on-chain data shared by market analyst Ali Martinez.
Over 1 billion Dogecoin $DOGE sold by whales in the past week! pic.twitter.com/pjUwFAqtEM
— Ali (@ali_charts) November 4, 2025
The massive outflow coincides with a sharp drop in price. According to CoinMarketCap, the price of the leading meme token is down almost 7% in the past 24 hours and almost 40% in the last 30 days.
The trading volume of the meme token skyrocketed to $3.81 billion, levels last seen in early October when sellers dominated the market alongside Bitcoin’s crash below $110K. Also, DOGE dropped from $0.1843 to $0.1697, breaching multiple supports and reaching new monthly lows.
Meanwhile, wallets holding between 10 million and 100 million DOGE have massively reduced their balances over the past week. The 1 billion token DOGE sale came alongside the pullback to $0.17 support.
Ali Martinez also highlighted that Dogecoin recently broke down from an ascending parallel channel, indicating the start of a potential major price move. The coin’s failure to hold its lower boundary near $0.18 resulted in a significant pullback.
Dogecoin $DOGE is ready for a major price move! pic.twitter.com/niUDfFsKmO
— Ali (@ali_charts) November 4, 2025
If selling pressure continues, DOGE could test support levels at $0.16, $0.145, and $0.125, with a possible final leg down toward $0.11, marking the channel’s lower boundary and a key demand zone.
On the other hand, DOGE must reclaim the $0.18–$0.19 region to invalidate the bearish setup and once again gather bullish confidence for newer highs.
The immediate outlook for Dogecoin relies on its ability to consolidate above $0.165. Martinez indicated that DOGE’s pattern of 6–9% daily drawdowns may set up short-lived technical bounces, but without a decisive move above $0.18–$0.185, bears will likely prevail.
As Dogecoin faces a price downturn, a new meme coin project called PEPENODE is quickly attracting investor attention. Its ongoing presale has already raised more than $2 million, highlighting growing enthusiasm for its creative approach to crypto mining.
Instead of relying on costly mining rigs or complex setups, PEPENODE makes mining accessible and entertaining through a virtual mining simulator. Users can create and grow digital mining operations by building server rooms.
They can also purchase miner nodes and upgrade their virtual equipment to boost performance, all within an interactive environment.
Each node contributes hashpower to the project’s virtual mining network, allowing participants to mine meme coins in a way that feels more like playing a game than traditional mining.
The ecosystem’s native token, PEPENODE, uses a deflationary token model, meaning around 70% of tokens spent on node purchases and upgrades are permanently burned. This mechanism gradually reduces the overall supply, potentially increasing token value over time.
One standout feature of PEPENODE is its gamified presale system. Even before the token officially launches, supporters can start setting up rigs, earning rewards, and climbing leaderboards.
Early contributors are eligible for exclusive perks such as bonus tokens, ranking-based prizes. So far, the project has surpassed $2 million in funding and is currently also rewarding early investors with up to 630% in staking returns.
Presale Snapshot:
With another price increase expected soon, many investors are keeping an eye on PEPENODE as one of the more promising new meme coin ventures. Read PEPENODE price prediction on Coinspeaker.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
Bitcoin News: As BTC continues its volatile trading, the recent revelation of the CryptoQuant CEO has further fueled market concerns. In a recent X post, Ki Young Ju said that China has likely sold 194,000 Bitcoin, which has dampened the investors’ sentiment. Notably, this also contradicts the recent global trend of soaring BTC adoption and the US possibly exploring to creation of a Bitcoin Strategic Reserve.
In a recent X post, CryptoQuant CEO said that China has likely sold its Bitcoin holdings, which has sparked discussions in the market. In other words, Ki Young Ju’s recent statement raises questions about the fate of Bitcoin seized during the 2019 PlusToken scam.
Notably, Ju argued that China had sold the entire stash of 194,000 BTC, despite official claims of transferring it to the national treasury. He emphasized, “A censored regime holding censorship-resistant money feels unlikely.”
Meanwhile, to bolster his argument, Ju pointed to on-chain data suggesting that Bitcoin was mixed and distributed through exchanges like Huobi. He questioned the use of mixers if the intention wasn’t to sell the cryptocurrency. This theory aligns with suspicions that the Chinese government liquidated these assets to secure fiat funds.
Despite the CryptoQuant CEO’s assertions, some data suggests that China still holds 194,000 BTC, making it the second-largest Bitcoin holder after the United States. A user responding to Ju’s post presented a chart supporting this claim.
However, the CryptoQuant founder dismissed these reports, reiterating his faith in blockchain analysis over official statements. He stated:
“On-chain data tells a different story: they sold everything, using mixers to distribute funds across exchanges in 2019. I trust on-chain, not the CCP.”
This discrepancy highlights the opacity of government-held cryptocurrency transactions and fuels debate over China’s true Bitcoin position. Besides, it also adds to market uncertainty, which has already forced investors to move cautiously amid the broader crypto market selloff.
Despite the latest Bitcoin news, the flagship crypto remained on the global investors’ radar lately. However, the CryptoQuant CEO’s claims come at a time after the US reportedly sold $6.7 billion worth of Bitcoin, pressuring the broader crypto market.
Such large-scale liquidations contribute to market volatility, dampening investor confidence. Having said that, if China indeed sold its Bitcoin reserves, it may further impact BTC’s price trajectory. Meanwhile, Bitcoin adoption is also gaining momentum worldwide, with discussions about a US Bitcoin Strategic Reserve signaling institutional interest.
BTC price today was down about 2.5% and exchanged hands at $102,323 and its trading volume slipped 19% to $60 billion. Notably, the crypto has touched a 24-hour high of $105.5K while falling to as low as $101.5K. Further, Bitcoin Futures Open Interest fell 2% reflecting the hovering market uncertainty.
Meanwhile, the speculation around China’s Bitcoin reserves fuels further concerns about BTC’s market dynamics. While on-chain data appears to support Ju’s theory, the lack of official confirmation keeps the debate alive. Notably, as global leaders are increasing their focus towards the flagship crypto, this recent revelation has dampened the investors’ sentiment.
However, despite that, market experts remained confident about the long-term trajectory of the coin, especially after Trump’s inauguration. Although the US President skipped mentioning BTC or crypto during his inauguration, which impacted the crypto market, experts remain hopeful. For context, Coinbase CEO anticipates increasing investment into the crypto sector under Trump’s presidency.
However, as BTC continues to slump, a recent Bitcoin price analysis hints at key levels to watch for the crypto.
Rupam Roy
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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