XRP Price Dips Despite Massive Transfer: Market Weakness or Hidden Reasons?

A significant transfer of over 500 million XRP tokens took place on May 30, 2025, sparking questions about its impact on the price. However, despite this large movement, XRP closed the day with a decrease in value, raising concerns about underlying market weakness. The token’s price dipped to $2.14, representing a 1.5% drop from the previous day, following a failed breakout attempt earlier in May which may have triggered selling activity. ‍While big volume can sometimes signal optimism, the price action differed, suggesting that this was not simply a sign of market strength.