XRP Plunges: Whale Activity Fuels Sudden Market Downturn

XRP’s price experienced a significant drop today, driven by unexpected activity from large cryptocurrency holders and mounting short selling pressures. Reports indicate a massive $68 million XRP transfer to an exchange platform, triggering concerns of market-wide selling and volatility. The sudden downturn has raised questions about the future outlook for XRP as investors assess market shifts and rebalance their positions.