Bitcoin Slips Below $83,000 as XRP and Solana Lead Top 10 Losses

The crypto market has entered another day of correction. Bitcoin is priced at $82,996 and is down 0.73% over 24 hours, while total crypto market capitalization stands at $2.90 trillion. In the top 10, XRP (-2.75%) and Solana (-2.44%) are falling the hardest. On-chain data suggests large players are repositioning, which could raise volatility in the short term.

Steepest drops in the top 10

The deepest daily declines in the top 10 by market cap today were recorded by XRP, Zcash and Solana. The table below shows exact price changes from CryptoPulsar data.

The only positive daily moves in the top 10 belonged to stablecoins: USDT gained 0.0020%, and USDC rose 0.0059%. Over seven days, Figure Heloc was in the green at +1.15%, although its 24h change was not included in the data.

Broad-market correction: XRP and Solana under pressure

XRP remains the weakest link in the top 10 on a daily basis. The price fell 2.75% to $1.37, and the weekly result is -8.94%. XRP market cap is $86.39 billion, with 24-hour volume of $1.62 billion. CryptoPulsar market cycle data gives XRP a score of 26.7 out of 50. MACD and the EMA 9/21 crossover are bearish, suggesting supply has the upper hand. RSI(14) is 44.6 and remains neutral. The contract funding rate is 0.0028%, and the Fear and Greed Index at 69 still signals greed.

Solana is also among the leaders of the decline. SOL is priced at $108.49, down 2.44% over 24 hours and a full 9.88% on the week. Solana market cap is $63.93 billion, and daily trading volume is $2.85 billion. In the market cycle analysis, SOL scores 34.0 out of 50. RSI(14) is 43.8, and contract funding is slightly positive (0.0089%). MACD and the EMA 9/21 averages remain bearish.

Ethereum is losing less on the day, at 0.59%, but it is already 7.02% in the red over seven days. ETH is priced at $2,520.51, and its market cap is $307.91 billion. 24-hour trading volume reached $12.45 billion. In the top 10, only Solana (-9.88%) and XRP (-8.94%) fell more than ETH on a weekly basis.

Whales reposition: large ETH and SOL transfers

The latest on-chain data from Bitquery shows clear activity from large wallets. Over four hours, exchanges saw a net inflow of about 11,600 ETH, and within one hour there were 66 large transfers above 500 ETH. Among them were individual moves of about 17,200 and 13,900 ETH. An inflow of this size increases available supply and can add to downward pressure.

For Solana, Bitquery detected 37 large transfers in the past hour, including moves of about 977,000, 770,000 and 327,000 SOL. Daily transaction count on the Solana network is about 4.42 million. In the view of CryptoPulsar analysts, this whale activity alongside a 2.44% price drop suggests large players are repositioning. If those large transfers reach exchanges, supply pressure may persist. If they are internal wallet moves, the price could quickly return to around $110 and higher.

What does the CryptoPulsar market cycle say?

Bitcoin scored 31.7 out of 50 in the CryptoPulsar market cycle. Over the past day, the Bitcoin network processed about 1.32 million transactions, which is stable but not outstanding on-chain activity. RSI(14) for BTC is 35.8 and is approaching oversold territory. MACD and the EMA 9/21 setup remain bearish. The Fear and Greed Index at 69 signals greed, while contract funding rates are neutral (0.0028%).

Ethereum scores lower, at 28.7 out of 50. MACD and the EMA 9/21 crossover are bearish, but RSI(14) at about 47 is neutral. Funding on ETH perpetuals is close to zero, so the market is not heavily one-sided. MEV risk, meaning sandwich attacks on decentralized exchanges, stands at 53 out of 100 and is moderate.

BNB scored 30.3 out of 50. In the past hour, BSC recorded 9 large BNB transfers above 300 BNB, the largest of them worth about 749 BNB. Daily transaction count is 167,000. MEV risk is low (22 out of 100). RSI(14) at 31.6 is close to oversold territory, which may limit room for further declines.

CryptoPulsar market cycle data indicates that if ETH inflows to exchanges persist, supply pressure could intensify. Outflows, by contrast, could take pressure off the market. For Solana, if large transfers reach exchanges, supply pressure may persist, while if they are internal wallet moves, the price could quickly return to around $110.

Key developments: RLUSD at Standard Chartered and Bitmine's ETH purchase

Comparic.pl reported that Standard Chartered is launching a service for RLUSD. The development was described as an important step for Ripple. Despite the news, XRP is still falling, which shows that short-term technical and on-chain signals are outweighing individual fundamental headlines.

Cryptopolitan, meanwhile, reported that Bitmine bought 12,532 ETH last week, lifting its treasury to 6,028,946 tokens. The firm is thus about 76,000 ETH short of holding 5% of the total ether supply. That is a significant accumulation signal, which may partly offset the ETH inflows to exchanges now being observed.

Crypto Briefing also noted that NEAR Protocol gained 16% over the weekend amid higher trading activity. The move is not reflected in CryptoPulsar top 10 price data, but it shows that individual altcoins can still rise even when the broader market is weaker.