719 Million $XRP Sold in 24H — What’s Really Going On?
The crypto world is buzzing after whales offloaded 719M $XRP (≈$2.3B) in just one day — and the shockwaves are real. Here's what matters most:
🐋 Whale Panic or Strategic Move?
Massive CEX inflows hint at liquidation plans.
Over $41M in longs liquidated — a brutal 24-hour flush.
XRP briefly dipped below $3.00, triggering panic before rebounding.
But here’s the twist:
📈 Wallets holding 1M–100M XRP are actually growing.
👉 +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
Breakdown → $2.65 danger zone
Breakout → Could retest $3.65 (yearly high)
⚖️ Regulatory Clouds Still Linger
While the 2023 Torres ruling favored XRP, the SEC’s silence on Ripple’s status keeps investors cautious. This uncertainty might be pushing some whales to reduce risk.
🚨 Final Take
The XRP market is split — some whales are exiting, but others are loading up. Volatility is high, but long-term conviction remains among key holders.
Stay sharp. Track the charts. Monitor the whale wallets.
This isn’t over — it’s just heating up.
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