Whales Unleash Selling Pressure: XRP Price Plummets, Market Watchers Seek Clarity

A recent surge in large-scale XRP transactions from prominent investors has sparked concerns about a potential price crash. Data reveals a significant outflow of 200 million XRP over the past two days, coinciding with a price decline below $2.25 per token. This activity has led to high exchange inflows, indicating a shift in market dynamics. Whale transaction count reached its highest point in four months, further signaling an influential player’s impact on the market.