By Isaac • August 24, 2026 11:23 am •
A 37% XRP crash sounds like the entire market broke at once. The exchange data tells a narrower, more revealing story.
The most extreme print happened on one venue, in one minute. Bitstamp’s XRP/USD pair reached a one-minute high of $1.69739 at 05:03 UTC on August 22, then fell to $1.06689 in the 05:10 candle.
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That was a 37.15% high-to-low wick. But the same candle closed at $1.44837, meaning XRP recovered most of the plunge before that minute was over.
CryptoSlate compared the Bitstamp move with other major trading venues and found a much less dramatic picture elsewhere. Kraken’s wider 24-hour range bottomed at $1.3359, while OKX reported a $1.3757 low.
Those were still violent moves.
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