【Stunning Move】Ripple Whale Transfers $300 Million, Is XRP on the Brink of a Surge?
Recently, the price of XRP dipped below the critical $2.5 mark, but whales have been making significant moves, transferring over $300 million in tokens in a short time, creating a tense market atmosphere.
Data shows that nearly 30 million XRP was sent to exchanges, signaling selling pressure, while another transfer of over 90 million XRP went to cold wallets, indicating signs of long-term accumulation. The number of large holders surged from 280,000 to 300,000, with buying power gradually increasing.
Analysts unanimously view $2.65 as the key support for the next rebound. A breakout above $2.69 could trigger a price surge above $3, with some experts optimistic about a potential rise to between $4 and $6.
However, if support cannot be maintained, XRP could face a short-term pullback to $2.3. Notably, Ripple executives are discussing digital payment cooperation with Middle Eastern officials, and positive news could fuel further price increases.
This whale migration raises the question: is the market on the verge of a massive surge, or is it the calm before the storm? Investors must stay vigilant and prepare for the next wave of XRP excitement!