XRP Price Faces Selling Pressure as Whales Sell Off Large Holdings

The XRP price has experienced a decline recently due to a selloff from large investors. Over the past ten days, whales with holdings between 10 million and 100 million tokens have sold approximately 470 million XRP tokens. This action coincides with a slide in the token’s price below $3.00. Notably, smaller-scale investors have been adding to their portfolios, indicating a mixed market sentiment.