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Bitcoin, Ether and XRP Fall as Whales Accumulate the Dip

By CoinBatmi Newsroom · · 3 min read

Bitcoin, ether and XRP fell together as large holders bought the dip, while the XRP Ledger patched a bug that could have minted trillions of XRP.

Bitcoin, ether and XRP all fell at once, and wallets that normally do nothing started buying. CryptoPotato reported the drop and the accumulation together. As the three coins slid, addresses holding large balances took the other side.

That's what a whale is: one wallet big enough that its trades show up in the price. Whale accumulation isn't a promise the bottom is in. It's a signal, and signals get read wrong all the time.

But it's the kind of thing traders watch after a selloff. The people with the most to lose are choosing to add.

The wallets that matter bought the drop

When a big holder buys, the coins leave an exchange and land in a private wallet. Supply on exchanges drops. Less supply for sale can steady a price, though it doesn't have to.

Buy signals are patterns, not guarantees. The market is noticing that the selling looks tired, and that's all it's noticing. The same tape hit bitcoin, ether and XRP together.

That's the part worth sitting with. These three don't always move as one. When they do, the selling is usually about the whole market, not one coin's news.

$40 XRP is one model's call, not a forecast

CryptoNews covered a prediction from Meta's AI that a single catalyst could send XRP to $40. That's a target, and targets are conditional. Say the catalyst happens and XRP reaches $40.

Say it doesn't and the number is just a number. The headline itself doesn't spell out the catalyst. So treat $40 as the ceiling of a scenario, not a forecast the market has agreed to.

Nobody has to hit it. Still, $40 is a useful marker. It gives a reader something to measure the story against.

If XRP climbs, the model looks smart. If it doesn't, you know how much weight to give the next call.

A decade-old bug in the XRP Ledger is now closed

The Block reported on October 11, 2026, that the XRP Ledger patched a bug that had sat in the code for about a decade. The bug, if exploited, could have minted trillions of XRP. That last part is the whole story.

XRP has a fixed supply. Minting means creating coins that weren't supposed to exist. Trillions of new coins would crush the value of every XRP already held.

The patch closes that door before anyone walked through it. A ledger only works if the supply is real. This is boring housekeeping that matters enormously.

Wall Street wants XRP, and Ripple is the snag

CryptoSlate reported that XRP's next push into Wall Street comes with a complication, and the complication is Ripple. Ripple is the company most people link to XRP. It builds payment products around the coin and holds a huge amount of it.

That closeness is a feature and a problem at once. Wall Street firms like a coin with a real company behind it. A company can sign contracts and answer a phone.

But the same firm can drag the coin into its own legal and business fights. The headline points at the tension without resolving it. The market has to price in both the doors Ripple opens and the ones it might close.

The next marker is $40

The number to watch is $40, the level CryptoNews tied to the Meta AI call. XRP either moves toward it or it doesn't, and the answer tells you which story is winning. The Ledger fix is quieter and more final. The trillions of phantom XRP that could have existed will not. That's settled.

Research and market information only — not financial advice.