440,000,000 Ripple (XRP) Sold by Whales in 30 Days: Time to Panic?

Recent data shows a sharp reduction in large XRP ￰0￱ the past month, wallets holding between 1 million and 10 million XRP offloaded 440 million ￰1￱ drop is gaining attention as XRP hovers near a key price ￰2￱ Holders Reduce Exposure In the last 30 days, whales holding between 1 million and 10 million XRP reduced their collective balance from around 6.95 billion to 6.51 billion ￰3￱ change was shared by analyst Ali Martinez, based on on-chain ￰4￱ this time, XRP’s price has fallen by 5% over the week and 1% in the last 24 ￰5￱ price traded at $2.83 at press ￰6￱ steady decline in whale holdings aligns with the drop in price, suggesting that the sell pressure may have influenced the market.

meanwhile, there were few pauses in this ￰7￱ of the movement appears consistent, pointing to a clear trend of reduced ￰8￱ holders often adjust their positions in response to wider market signals or when locking in gains. $2.80 Becomes a Key Support Zone The price level of $2.80 has drawn attention due to high transaction volume in this ￰9￱ 2.48 billion XRP changed hands at $2.80, making it the largest zone of realized ￰10￱ number accounts for almost 4% of the total supply. Notably, this type of buying activity suggests that many holders entered the market at or near this ￰11￱ the price stays near $2.80, many may choose to hold or add more, creating a base for price ￰12￱ interest often grows around these levels when the market turns ￰13￱ the price drops below $2.80, holders could begin to ￰14￱ may lead to short-term losses for many and result in higher trading activity. “ $2.80 is the most important support level for $XRP ,” said Ali in a recent post, pointing to the weight of activity around this zone.) Sold by Whales in 30 Days: Time to Panic?

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