The crypto scene just lit up with a massive XRP whale movement — 719 million XRP (≈$2.3B) sold in the last 24 hours! Is this a sell-off panic or a calculated play? Let’s break it down.
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🐋 Whale Panic or Strategic Move?
Heavy inflows to centralized exchanges (CEXs) suggest whales might be offloading.
Over $41 million in long positions liquidated — a brutal flush for leveraged traders.
XRP even dipped below $3.00, briefly triggering panic — but quickly bounced back.
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📊 Whale Wallet Twist
While some whales dumped, others did the opposite…
Wallets holding 1M–100M XRP are growing.
+310M XRP added to these wallets since July 27.
This signals smart money accumulation — not a total exit.
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📈 Key Price Zones to Watch
Support: $2.90 – $3.00 (critical zone)
Resistance: $3.32
Breakdown Danger: $2.65
Breakout Target: $3.65 (yearly high)
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⚖️ Regulatory Clouds Still Linger
Despite the 2023 Torres ruling favoring XRP, the SEC's silence on Ripple’s full regulatory status leaves uncertainty in the air. That alone could be spooking some investors.
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🚨 Final Take
The XRP market is split:
Some whales are bailing out.
Others are loading up heavily.
It’s a battle between fear and conviction — and the volatility confirms it.
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