Today’s price drop is more psychological than economical, even tough whales are still making lots of money out of it.
When a coin, like $XRP goes up too fast, it creates fear. People start saying “it’s gonna drop”, others say “it's a scam”, investors become cautious and that’s the first drop warning.
Once this happens, new money won't come in, and without it the coin tends to collapse, early investors will now take profit, to be able to reinvest once the coin drop.
This happens because there are too many coins floating around, it makes every coin unstable, for now. This effect tend to reduce drastically once large institutions, like ETFs and banks buy billions worth of a coin, not as an investment to profit from, but as a useful asset. Like xrp is for cross border payments. These massive orders tends to stabilize the coin.

Until then, hold. Don’t trade, don’t think you can make money day trading because you can’t, and you gonna lose.

Close the app, go have fun.