Ripple Whale Dump Drives Down XRP Price as They Turn to Paydax Protocol for Higher Returns

On-chain data reveals a significant selling trend among Ripple whales, leading to the price of XRP struggling to reclaim the psychologically important $3 level despite Bitcoin’s record high. This shift coincides with Ripple whales increasingly investing in the Paydax Protocol (PDP) token during its presale, which offers significantly higher potential returns compared to XRP.