๐Ÿ”ฅ $XRP XRP on the Move: 719 Million Tokens Sold in 24 Hours โ€” Whatโ€™s Really Happening? ๐Ÿ”

The $XRP market just experienced a seismic shift as over 719 million $XRP (~$2.3 billion) were sold within 24 hours โ€” triggering a wave of speculation, volatility, and strategic repositioning.

๐Ÿ‹ Whale Exit or Tactical Realignment?

Significant inflows to centralized exchanges suggest that some large holders may be liquidating.

Over $41 million in long positions were liquidated โ€” signaling a rapid flush of overleveraged positions.

Price briefly fell below $3.00, sparking panic before recovering swiftly.

But the story isnโ€™t just about selling

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๐Ÿ“ˆ Whale Accumulation Quietly Ramps Up

Interestingly, wallets holding between 1 million and 100 million XRP have been increasing steadily.

Since July 27, these mid-tier wallets have accumulated over 310 million XRP โ€” showing strong buying activity during the dip.

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๐Ÿ“Š Key Technical Levels to Watch

Support Zone: $2.90 โ€“ $3.00 (crucial short-term range)

Resistance Level: $3.32

Breakdown Risk: If $2.90 fails, price may revisit $2.65

Bullish Target: Breakout could lead to a retest of $3.65, the yearly high

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โš–๏ธ Regulatory Overhang Still in Play

While the 2023 Torres ruling brought a favorable outcome for $XRP, regulatory uncertainty remains, with the SEC yet to provide clarity on Rippleโ€™s status. This continued ambiguity may be influencing whale behavior and short-term risk management.

#ProjectCrypto #TrumpTariffs #MarketPullback #xrp #WhiteHouseDigitalAssetReport