719 million $XRP sold in 24 hours — what’s really happening?
The crypto world is buzzing after whales dumped 719M XRP (≈$2.3B) in just one day — and the consequences are palpable. Here's what matters most:
🐋 Whale panic or strategic move?
Massive inflows to centralized exchanges hint at liquidation plans.
Over $41M in long positions liquidated — brutal 24-hour sell-off.
XRP briefly dropped below $3.00, causing panic before the recovery.
But here's the twist:
📈 Wallets holding 1M–100M XRP are actually increasing.
👉 +310M XRP added since July 27 — some whales are clearly accumulating.
📊 Key price levels to watch
Support: $2.90–$3.00 (critical zone)
Resistance: $3.32
Breakout downwards → danger zone $2.65
Breakout upwards → may retest $3.65 (annual high)
⚖️ Regulatory clouds still loom
Although the Torres case ruling in 2023 favored XRP, the SEC's silence on Ripple's status keeps investors cautious. This uncertainty may be causing some whales to reduce risk.
🚨 Summary
The XRP market is divided — some whales are exiting, but others are accumulating. Volatility is high, but long-term confidence remains among key holders.
Stay vigilant. Track the charts. Monitor whale wallets.
This is not the end — it's just the beginning.
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Not just noise — strategic moves.
#xrp #CryptoWhales #Ripple #XRPArmy #AltcoinUpdate