XRP Drops 24% Across Four Weeks as Stolen Token Liquidations Continue
A seven-day decline of 18.3% pushed XRP behind Bitcoin and Ether as stolen holdings were converted into BTC.
At a glance
- What happened
- XRP dropped 24% over four weeks and 18.3% over seven days as stolen tokens were converted into Bitcoin.
- Why it matters
- The conversions created sustained selling pressure, causing XRP to significantly underperform Bitcoin and Ether.
- Who is affected
- XRP and Bitcoin spot traders and market participants holding XRP.
- What's next
- No next step announced.
- Primary source
- thedefiant.io: XRP Drops 24% in Four Weeks, Lagging Bitcoin and Ether
Key points
$XRP dropped 24% over a four-week period, underperforming market benchmarks as market participants continued offloading stolen tokens into $BTC 1. Over the seven-day period, XRP logged a decline of 18.3% 1. That performance trailed Bitcoin, which registered a 5.7% loss across the same seven-day window 1. At the time of writing, XRP traded down 6.1% over 24 hours at $1.04, while Bitcoin traded at $73,137, amid broader market weakness where total crypto market capitalization sat at $2.42 trillion and the Crypto Fear & Greed Index stood at 32.
The underperformance followed sustained conversions of stolen XRP balances into Bitcoin 1. These liquidation flows created focused downside pressure on the token relative to major peers 1. By comparison, top-cap assets experienced comparatively moderate drawdowns over identical intervals, with XRP lagging behind both Bitcoin and $ETH 1. As market participants monitor cross-asset behavior, historical patterns in token shifts, such as when Avalanche Slides 28% Across Four Weeks to Underperform Market Leaders, highlight how asset-specific selling pressure often compounds broader macroeconomic softness.
Cross-Asset Impact
The ongoing conversions directly diverted capital away from XRP and into Bitcoin, reinforcing relative weakness across the pair 1. At the time of writing, Ether traded down 5.3% over 24 hours at $2,025, reflecting broad-based pressure, though XRP's multi-week drop remained pronounced due to the added weight of the stolen token sales 1. With XRP sliding 18.3% in seven days compared to Bitcoin's 5.7% decline, market depth has had to absorb specialized selling activity alongside broader sector-wide headwinds 1.
Sources
- [1] XRP Drops 24% in Four Weeks, Lagging Bitcoin and Ether — thedefiant.io, November 10, 2026
Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.
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