XRP Price Rally, Whales Dump $160M, and ETF Hype: Ripple’s Wild 48 Hours (Oct 6–7, 2025)
XRP briefly topped $3 on Oct. 6, closing at $2.99, as Bitcoin’s market cap hit a record $4.27 trillion. A whale sold over 160 million XRP, worth nearly $480 million, triggering caution among traders. Speculation over a possible U.S. spot XRP ETF and Ripple’s banking license fueled further interest. Ripple’s legal battle with the SEC ended in August, clearing a major regulatory hurdle.