XRP Whales Sell Heavily Amidst Ripple’s Bank of America Link Rumors

Recent data suggests a significant shift in XRP whale activity. High-volume selling by large investors has been observed, mirroring price volatility and indicating a potential distribution trend. Technical indicators highlight resistance near $3.00 and support at $2.80, while Ripple CEO Brad Garlinghouse’s tweet referencing Bank of America fuels speculation about deeper ties between the two entities. XRP is currently trading around $2.95 after a 2.14% gain on the 4-hour chart.