XRP’s Price Under Pressure: Whale Selling Creates Market Volatility

XRP prices have been experiencing significant volatility, with recent sales by large investors contributing to price uncertainty. Recent data suggests that addresses holding between 10 million and 100 million XRP have sold approximately 400 million XRP in the last seven days, resulting in a value exceeding $1.2 billion. This activity has put pressure on the market, impacting XRP prices which are currently hovering around the $3 mark. Despite these large sales, small investors are stepping in to stabilize the price by withdrawing their own XRP from the market.