$73 Million in $XRP Moved as Price Drops — What’s Going On?
There’s been a surprising move in the XRP world — over 25 million XRP tokens (worth around $73 million) were suddenly sent to Coinbase, according to tracking site Whale Alert. This huge transfer came from a mysterious wallet named “rJQC2R”, and it’s got a lot of investors talking.
🚨 Whale Dump Raises Eyebrows
This big transfer happened right as XRP’s price started to dip, after enjoying several days of strong gains. $XRP had recently climbed back to a 4-month high, and now it’s pulling back. Many are wondering if this whale (a big holder) just cashed out after the rally.
It’s not clear why the transfer happened, but moves like this often hint that whales could be:
Taking profits
Reacting to a broader market correction
Preparing for a sell-off
📉 Is the XRP Bull Run Over?
XRP recently passed the $3 mark, bringing fresh hope to investors and boosting positive predictions. But in the last 24 hours, the price slipped 0.4%, now sitting at $2.93 (based on CoinMarketCap data).
Still, there’s optimism in the air.
Many believe XRP’s future looks bright — especially if the SEC appeal gets dropped and an $XRP ETF becomes reality. That kind of institutional support could easily push XRP back into a bullish trend.