Egrag Crypto: Why XRP Crashes Harder Than Bitcoin, ETH Since November 4

Crypto analyst EGRAG CRYPTO (@egragcrypto) is raising questions about XRP’s performance since November 4, and the numbers back him up. Four major cryptocurrencies sold off in the same window. BTC fell -10.37%. ETH dropped -18.18%. SOL slid -16.99%. XRP lost -23.40%.

The gap is significant, and the analysis wants to know why XRP is falling harder than everything else.

The Numbers Behind the Drop

XRP opened November 4 at approximately $1.36 and has since fallen to $1.04422, a loss of $0.31365. That puts it in a critical stabilization zone between $1 and $1.04, sitting just above a dotted support line near $0.95 on the daily Bitstamp chart. For bulls to regain control, EGRAG CRYPTO identifies two price levels that need to be reclaimed: $1.15 first, then $1.25.

Neither has been tested since the selloff began. The daily candle data shows an open of $1.09688, a high of $1.10439, and a low of $1.03015, with volume at 15.22 million. The structure is weak, and the price is compressing near support.

#XRP – WHY IS XRP CRASHING HARDER THAN #BTC, #ETH & #SOL Since November 4th? 🔥

Guys, LOOK AT THE NUMBERS! 👀

🔴 XRP: −23.4%
🔴 ETH: −18.2%
🔴 SOL: −17.0%
🔴 BTC: −10.4%
WHY IS XRP TAKING THE BIGGEST HIT? 🤔

My probability-based assessment:
1⃣ 30% – LEVERAGE FLUSH: Long… pic.twitter.com/dAGlvP8Aij

— EGRAG CRYPTO (@egragcrypto) November 10, 2026

Three Theories With One Dominant View

EGRAG CRYPTO laid out three probability-based explanations for why XRP is underperforming the market. He assigned a 30% probability to a leverage flush, citing “long liquidations and weak buying demand accelerating the crash.”

He gave 20% to OG selling, describing early holders “potentially taking profits and rotating into other coins.” His highest probability, 50%, goes to manipulation, which he describes as “a deliberate liquidity hunt to shake out weak hands.”

He is clear that these are subjective estimates. His post states: “These are my subjective estimates, NOT proven facts.” Still, he favors manipulation as the primary driver, seeing the entire move as a coordinated effort to flush retail participants before a potential recovery.

The Question Whales Have to Answer

EGRAG CRYPTO closes his analysis on an open question. He asks whether whales are absorbing the selling or joining it. If large holders are accumulating at current levels, the setup becomes constructive. Notably, wallets with at least 1 million XRP just hit a 2026 high. However, if they join the selloff, the dotted support near $0.95 becomes the next test.

The comparative chart across all four assets adds context. BTC, ETH, and SOL are all down significantly but have not broken their relative structures to the same degree XRP has. That divergence is the core of the analyst’s concern and the reason the manipulation thesis carries the most weight in his assessment.