XRP fell to $1.0764 on Monday, its lowest price since August 19, leaving the token trading about 9% above the $1 mark. The asset is down 22.5% over the past 30 days, more than twice Bitcoin's 10.1% decline over the same period. Last week alone it lost 11%, sliding from $1.2508 to $1.1132 to log its fifth consecutive weekly loss.

The broader crypto market sold off last week, but XRP carried a problem of its own: since Thursday, the hacker behind the Binance theft has moved 139 million stolen XRP — worth about $151 million — out of one of its wallets.

A 99Bitcoins review of XRP's weekly history on Binance since 2018 found that losing streaks of five weeks or more have occurred six times before. On every one of those occasions, XRP traded below the price at which the streak ended within the following 12 weeks.

XRP hasn't been at these levels since August what's next for $XRP pic.twitter.com/5ovsBXjgJ8

— Gemini (@Gemini) November 8, 2026

The Binance Hacker's Stolen XRP Is Moving Again

The stolen coins are on the move again. The XRP Ledger, the public record of every XRP transfer, shows the hacker's wallet sending out XRP in steady chunks since Thursday afternoon.

On November 2, the hacker split its 233.46 million XRP across six new wallets. This week it began gathering the funds into one of those wallets and paying them out again.

• How much: 139.0 million XRP left that wallet in 728 payments between 14:56 UTC on Thursday and Monday morning.
• Where to: 79 addresses, 55 of them brand-new wallets the hacker created itself.
• Still held: about 94.5 million XRP remains in the hacker's known wallets, 73.5 million of it untouched since November 2.

None of the 728 payments carried a destination tag — the number most exchanges require so that a deposit reaches the right account. The ledger therefore does not show the coins landing on an exchange yet. The receiving wallets hold only about 2.3 million XRP, which means most of the coins have already moved on again.

Traders cannot tell from the ledger alone whether the coins are being sold. What they can see is a $151 million pile of stolen XRP that is no longer sitting still — reason enough for some to sell first.

The timing also matched the market's worst day. The first payout went out on Thursday, as chip stocks sold off and XRP was already sliding; the token fell 7.5% that day, its biggest drop of the week. The rest of the market offered no relief. Bitcoin closed its own fifth losing week on Sunday, and late Sunday a wave of forced selling hit crypto, with leveraged traders — who borrow to bet on higher prices — having their positions closed automatically as prices fell. XRP dropped 4.5% in 11 minutes, from $1.1445 at 21:44 UTC to $1.0930 at 21:55 UTC.

Five Red Weeks in a Row Have Always Led to Lower Prices

XRP has now closed five weeks in a row below their opening prices, a stretch in which it fell 26.8%, from $1.5205 to $1.1132. A 99Bitcoins check of every weekly candle for XRP on Binance since 2018 found six prior streaks of this kind, and in each case XRP went on to trade lower within 12 weeks.

• Smallest further drop: 2.1%, after the streak that ended in March 2020.
• Biggest further drop: 26.2%, after the nine-week streak that ended in May 2022.
• Typical further drop: 7.6%, the median of the six.

This time, XRP is already 3.3% below its fifth weekly close after Monday's drop to $1.0764. A 7.6% decline from $1.1132 — the median — would take the price to about $1.03.

The low did not always last. In four of the six cases, XRP traded higher 12 weeks after the streak than where the streak ended. Six cases also make a small sample, so the pattern serves as a guide rather than a rule.

Can XRP Hold $1?

It has held so far, but the margin is thin. XRP trades at $1.0868 on Binance, about 1% above Monday's low, and sits well below both of its daily exponential moving averages (EMAs), which weight recent prices more heavily. The 50-day EMA stands at $1.3020 and the 200-day EMA at $1.3529.

Resistance: $1.1264, Monday's high, then $1.1699, Sunday's high. Above that, $1.3020, the 50-day EMA.

Support: $1.0764, Monday's low. Below that, $1.00, then $0.9862 — the August 14 low and XRP's lowest price since November 2024.

The $1 level has held before. In August, XRP traded below it on eight days but closed below it on only two, then climbed as high as $1.70 within three days.

Per the report, the hacker's wallets are the key item to watch for XRP this week: if the coins start reaching exchanges, selling pressure could push XRP below $1 for the first time since August.