XRP Whales Sell 500,000 Tokens in 48 Hours, Sparking Market Concerns

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According to 36 Crypto, large XRP holders dumped over 500,000 tokens in 48 hours, intensifying downward pressure on the asset. XRP is currently trading near $2.29 amid bearish technical indicators. Analysts warn that whale activity may signal a deeper market correction. Wallets holding between one million and ten million XRP have been actively reducing their positions, aligning with the recent price weakness. Technical data shows XRP struggling to break above $2.44, with support at $2.18 under close watch.

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