XRP Breaks $3, But Whales Dump $6B Patience Needed🕒💥
But Is It a Trap? Time to Wait?
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As you all know that Today, XRP has hit the price of $3, which looks like very big and exciting news. Many people feel happy and think now XRP will go even higher. But experts are saying, “Don’t celebrate too early.” Why?
Because at the same time, whales (big investors) have sold around $6 billion worth of XRP. This kind of big selling is called a distribution phase, where rich people sell while small traders are still buying.
Also, even though XRP broke above $2.95, and exchange reserves are getting low (which can be a good sign), the whale activity has now turned negative again. That means big holders are pulling money out, not putting it in.
This could be a trap for bulls (buyers), and the price may come down. So, it might be better to wait and be patient, instead of buying in a rush.
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Allah hafiz
$XRP