XRP Falls 24% in Four Weeks as Stolen-Asset Conversions Weigh on Price
XRP has declined about 24% over the past four weeks and trades near $1.10, its lowest level since August, according to market reporting. Coverage attributes the underperformance versus Bitcoin and Ether partly to conversions of stolen XRP into Bitcoin, which add selling pressure.
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The Four-Week Decline
XRP has fallen roughly 24% over the past four weeks, according to The Defiant, and Crypto Briefing puts its price near $1.10, approaching its lowest level since August. The Defiant reports a steeper seven-day drop of 18.3%, compared with a 5.7% decline in Bitcoin over the same week, meaning XRP has lagged both Bitcoin and Ether over the recent period.
Stolen-Asset Conversions as a Reported Driver
Both outlets link the underperformance to conversions of stolen XRP into Bitcoin, which the reporting describes as a source of additional selling pressure. The Defiant frames this as ongoing as of its coverage. Neither source, as reported, cites specific wallet addresses or a transaction count, so the scale of the conversions relative to XRP's overall supply and trading volume is not established in the material available.
Price Level and Watch Points
XRP is trading close to the $1 mark, which Crypto Briefing describes as a critical level for market participants. The two sources differ in emphasis: The Defiant centers on the relative weakness versus Bitcoin and Ether, while Crypto Briefing points to possible catalysts including regulatory developments, statements from Ripple CEO Brad Garlinghouse, and net flows into XRP-linked ETFs. Neither report quantifies those flows in the material provided.
Where the Sources Diverge
The two reports agree on the 24% four-week figure and the link to stolen-asset conversions. Their framing of the seven-day move differs in emphasis: The Defiant gives a specific 18.3% seven-day decline, while Crypto Briefing does not provide a comparable short-term figure. Readers should treat the four-week and seven-day numbers as distinct measurements over different windows rather than as conflicting claims.
Why It Matters
For Traders
XRP's proximity to the $1 level and the reported ongoing conversions of stolen XRP into Bitcoin make near-term price action worth monitoring closely.
For Investors
Sustained underperformance versus Bitcoin and Ether over several weeks, if it persists, would signal weakening relative demand for XRP across the broader market cycle.
For Builders
Teams with XRP exposure or XRP Ledger integrations should watch for liquidity changes and any operational impact from large-scale asset conversions on the network.
This article is for information only and is not financial advice. Read the full disclaimer.
