A massive sell-off of 50 million xrp on the upbit exchange within 15 hours led to a 'violent crash,' driving xrp down 7.5% from $1.66 to $1.45. this localized selling pressure significantly impacted the price.
The analysis is based on fresh market data from coingecko and detailed forensics by trader dom (@traderview2), including spot cumulative volume delta (cvd) charts showing the upbit decoupling and analysis of unique trade sizes, confirming real spot selling.
The article explicitly states that the 50m xrp net market sales on upbit caused a significant price plunge, with xrp breaking crucial support levels and dropping 7.5%.
The dramatic price drop occurred swiftly, directly following the 50 million xrp sell-off that took place within a 15-hour window, indicating an immediate market reaction.
Cover image via www.freepik.com Read U.TODAY on Google News Massive selling The Upbit decoupling Advertisement XRP's recovery stopped around the $1.66 level this weekend, which triggered a rather violent crash. According to CoinGecko data, XRP is currently down 7.5%, reaching an intraday low of $1.45. According to fresh market analysis by pseudonymous trader Dom (@traderview2), the enormous plunge was driven by localized sell-off event on South Korea’s largest exchange, Upbit. HOT Stories 50 Million XRPs Sold in Less Than 24 Hours Crypto Market Review: XRP Breaks 26 EMA, Ethereum (ETH) Forms Micro-Double Top, Shiba Inu (SHIB) Extends Gains to 25% $XRP touched $1.66 and is down -16% since Once that level was hit, Upbit started pushing mass amounts of sell pressure on the books -50M $XRP net sold at market over the last 15 hours I'd really love to know what goes on over there, any ideas? pic.twitter.com/RPbd4qjVaL — Dom (@traderview2) February 15, 2026 Massive selling After XRP reached the $1.66 local high, sell pressure on Upbit exploded. Advertisement Over a window of just 15 hours, Upbit users executed a staggering -50 million XRP in net market sales. Either a "mega-whale" or a collective panic among South Korean retail traders forced an abrupt exit. Advertisement The Upbit decoupling The Spot Cumulative Volume Delta (CVD) chart shared by Dom shows the net difference between buying and selling volume across different trading platforms. The lines representing Binance (green), Coinbase (yellow), Bybit (blue), and OKX (orange) remain relatively flat or show only shallow declines. The purple line decouples violently from the pack around the 04:00 mark. It nosedives vertically, crashing from neutral to -50,000,000 on the delta scale. You Might Also Like Sun, 02/15/2026 - 15:34 XRP Golden Cross Emerges Amid 17% Price Surge, Metrics Flip Green By Tomiwabold Olajide The line (the spot price) mirrors the Upbit line almost perfectly. Dom’s forensics revealed that wash trading accounted for less than 0.07% of the activity. "Seems like real retail/institutional spot selling," Dom noted. There were 12,775 unique trade sizes. The selling intensified between 8:00 AM and 12:00 PM KST (Korean Standard Time). The order book absorbed approximately 2,500 sells per minute, with clip sizes ranging from 100K to 250K XRP. #XRP News