XRP Under Pressure: Whale Activity Triggers Renewed Sell-Off

The cryptocurrency market has seen a recent surge in XRP prices, but this rebound was short-lived as significant whale movements triggered renewed selling pressure. On October 13th, data from Whale Alert revealed a substantial transfer of 23,880,253 XRP, equivalent to approximately $62.6 million, moving from an unidentified wallet to Binance exchange. This activity often suggests that whales are preparing to sell, potentially impacting market sentiment.