Ripple’s XRP Faces Market Headwinds Amidst Whale Activity

Ripple’s native token XRP is experiencing market consolidation, marked by conflicting signals from whale accumulation and liquidations. Recent data indicates a notable increase in whale holdings, with purchases exceeding 340 million XRP. Despite this activity, XRP remains confined to a narrow price range between $2.75 and $2.85, creating uncertainty for short-term investors. Ripple’s lack of official statements from CEO Brad Garlinghouse or CTO David Schwartz adds to the market confusion.