XRP Under Pressure: Selling Disclosures and ETF Outflows Weigh as Price Hovers Near $1.06

By Kevin · 2026-11-12 · News

Nov. 12 (CandyPulse) — XRP has had a rough week. The token was trading near $1.06 on Nov. 11, down about a quarter in a month, as money left XRP funds and a well-known Ripple figure revealed how much of his own XRP he has sold over the years.

None of this means XRP is finished. But it does explain why the mood has soured, and what holders should be watching next.

Key takeaways

XRP was reported near $1.06 on Nov. 11, down more than 3% on the day, about 15–17% on the week and roughly 25% on the month
U.S. spot XRP ETFs saw about $10.4 million of net outflows on Nov. 9, most of it from the Bitwise fund; reports put the two-day total near $18 million
Former Ripple CTO David Schwartz said his XRP has gone from about 26 million to about 3 million over the years
Technical indicators are weak, but XRP is also deeply oversold, which sometimes comes before a bounce
Traders are watching $1.05 as near-term support, with $1.00 the big round number below it

The numbers at a glance

Item	Reading
Price on Nov. 11	Near $1.06 (intraday low about $1.03)
24-hour move	Down more than 3%
7-day move	Down about 15–17%
30-day move	Down about 25%
Spot XRP ETF flows, Nov. 9	About −$10.4 million (Bitwise about −$9.4 million)
ETF flows, Nov. 9–10	About −$18 million
RSI (momentum gauge)	About 23.8, deep in "oversold" territory
Support traders are watching	$1.05, then $1.00

Figures come from published reports and differ slightly between data providers.

Pressure point 1: money leaving XRP funds

After a quiet week with no net flows from Nov. 3 to Nov. 6, U.S. spot XRP ETFs saw about $10.4 million leave on Nov. 9. Almost all of it, about $9.4 million, came from one fund, the Bitwise XRP ETF. Another roughly $7.6 million reportedly left the next day.

Two things keep this in proportion:

It's small next to what came in. Since launching last November, XRP ETFs have taken in about $1.24 billion. One analysis estimates roughly 96% of the recent fall in fund assets came from the lower price, not from investors pulling out.
Nobody knows the reason. With most of the outflow in a single fund, it could be one large holder. The flow data doesn't say why.

Pressure point 2: the selling disclosure

In posts on X around Nov. 9–10, David Schwartz, Ripple's former chief technology officer (he's also described as CTO Emeritus), said he has sold most of the crypto he ever held. His XRP fell from about 26 million to about 3 million over the years. He also cut his Bitcoin from about 1,500 BTC to 1 and his Ether from about 40,000 ETH to 6.

That sounds dramatic, and it drew criticism from parts of the XRP community. The detail matters, though:

Most of it is old. He said he sold about 2.5 million XRP in 2025 and hasn't bought XRP in a long time. The 23 million reduction happened over many years.
His reason is personal. He describes himself as very uncomfortable with risk, and says he followed a written sale plan prepared with a lawyer.
He hasn't left. He still holds about 3 million XRP and a large stake in Ripple stock.

So this was a disclosure of past selling, not a fresh dump. Still, when a respected insider says he prefers less exposure, it weighs on sentiment, and sentiment is what XRP is short of right now.

Pressure point 3: the whole market is weak

XRP isn't falling alone. Bitcoin slid below $74,000 on U.S. regulatory worries, and Glassnode data shows stablecoin supply shrinking by $14.2 billion in 30 days, a sign that cash is leaving crypto. When liquidity drains, large altcoins like XRP usually fall harder than Bitcoin.

What could happen next

Nobody can predict prices. These are the scenarios traders are discussing, not forecasts.

If selling continues. A clear break below $1.05 would put $1.00 in focus. Round numbers matter in markets because many stop-loss orders sit around them. There's an added risk: reports say traders on Binance are still mostly betting on a rise, with funding rates at their highest in over a year. If the price drops, those leveraged bets can be forced to close, which speeds up a fall. One report also notes a share registration by XRP treasury firm Evernorth that could allow holders to sell.

If it steadies. An RSI near 23.8 means XRP is deeply oversold, a level where sellers often run out of steam. A short-term relief bounce is possible, especially if ETF flows turn positive again or the wider market calms after this week's U.S. inflation data.

The longer view. The price fall doesn't change what XRP is used for or the ETF demand built over the past year. But until money starts flowing back into crypto broadly, rallies are likely to be fragile.

What holders can do

Check your position size. If a move to $1.00 would cause you real stress, the position may be too big.
Be careful with leverage. Crowded bets are exactly what gets wiped out in moves like this.
Watch flows, not just price. ETF flows and stablecoin supply show whether money is coming back.
Ignore the loudest voices. "XRP is dead" and "XRP to the moon" are both headlines, not analysis.

New to terms like RSI, funding rate or ETF? Our crypto glossary explains them in plain English.

What's next

Watch daily XRP ETF flows, whether $1.05 holds, and the U.S. inflation report, which will shape rate expectations and risk appetite across crypto. Live prices are on our crypto prices today page, and we'll follow the story on the Crypto News Today desk and in Sunday's CANDY Weekly.

Disclaimer: This article is for information only and is not financial advice. It describes scenarios, not predictions. Prices and fund-flow figures move quickly and vary between data providers. Crypto assets, including XRP, are volatile and can lose value. Always do your own research before making any investment decision.