XRP Market Under Pressure: Whale Activity Sparks Concern

A significant selloff of over 500,000 XRP tokens by large holders has raised concerns about the future of the XRP market. The move comes as XRP faces persistent downward pressure on price charts, with indicators suggesting a potential for further declines. Analysts highlight that this wave of selling activity may indicate a deeper correction in the broader market. The impact on XRP’s price is currently being closely monitored as traders await further developments.