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XRP Community on Alert: How to Protect Your Crypto!
Financial strategist Aljarrah warns XRP community of risks, emphasizes self-custody and explains current market conditions.
XRP Community on Alert: How to Protect Your Crypto!
On October 19, 2025, Versan Aljarrah, financial strategist and founder of Black Swan Capitalist, strongly warns the XRP community to protect their crypto assets. In a recent report, Aljarrah highlights the dramatic developments in the crypto market that led to record selling in October and severely affected XRP traders. In total, the liquidations add up to over $19 million.
Aljarrah emphasizes that self-custody is vital in today's volatile market. Users who store their crypto assets in a self-custody wallet have absolute control over their private keys and therefore their funds. In contrast, custodial wallets hand over these control options to third parties, such as crypto exchanges.
Security through cold wallets
Aljarrah recommends using cold wallets that store private keys offline to protect against online threats. He himself uses over eight cold wallets, which are secured by various security levels. These cold wallets include both paper and hardware wallets, all of which offer increased security against potential attacks.
At the time of the report, the XRP price was up 1.64% and is currently at $2.40. However, the MVRV indicator shows that XRP traders have suffered an average loss of -15.3% over the past 30 days. This could indicate that there may be buying opportunities despite declining prices.
Growth of stakeholders
Another positive trend is the growth of medium to large stakeholders in the XRP network, which has reached an all-time high. A notable advantage for investors is that the number of wallets with at least 10,000 coins has exceeded 317,500. Aljarrah sees this as a sign of continued interest in XRP, even though many traders are currently in the red.
In summary, current crypto market conditions present both risks and opportunities. Aljarrah's warning to manage crypto assets independently and take your own security seriously could be crucial for many investors to not only protect their investments, but also to be prepared for future market movements. For more information, see the report from U Today.