A significant selloff in XRP prices saw the cryptocurrency drop below $2.50 in October 2025, attributed primarily to heavy selling by large investors known as whales. This downward trend was further exacerbated by ongoing regulatory uncertainties and a general market cooling off. Market analysts suggest that the decline reflects broader trends impacting the crypto market. A substantial liquidation event of over $19-20 billion across various cryptocurrencies also occurred during this period, with XRP being one of the most affected assets. While no official statements were issued by Ripple or U.S. regulators regarding the selling pressure, it is noteworthy that trading volume surged to 164% above its 30-day average, highlighting heightened market activity. This selloff underscores how key players and regulatory influences can heavily impact cryptocurrency prices.