Professor Mende - Bonuz Ecosystem Founder
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🚨 WARNING! $XRP Whales Offload $1.9B as 30% PRICE CRASH Risk Rises!
Heads up, $XRP fam! XRP whales have been quietly offloading about 640 million tokens over the past month, a staggering sum worth over $1.91 billion. This is the second time in the last year that whales have distributed their holdings during a price rally!
Onchain data from CryptoQuant shows that this distribution happened while #XRP traded between $2.28 and $3.54, with most of the sell pressure likely absorbed by retail demand. This is a potential red flag, as this kind of whale behavior has historically been followed by a period of market weakness.
Analysts are sounding the alarm, warning that XRP's price must hold above the $2.65 support area, or we could see a crash towards $2.00. This is a critical time for XRP, and we need to see consistent whale accumulation to get the bullish momentum back on track. #Ripple #Altcoin #AltcoinSeason
Heads up, $XRP fam! XRP whales have been quietly offloading about 640 million tokens over the past month, a staggering sum worth over $1.91 billion. This is the second time in the last year that whales have distributed their holdings during a price rally!
Onchain data from CryptoQuant shows that this distribution happened while #XRP traded between $2.28 and $3.54, with most of the sell pressure likely absorbed by retail demand. This is a potential red flag, as this kind of whale behavior has historically been followed by a period of market weakness.
Analysts are sounding the alarm, warning that XRP's price must hold above the $2.65 support area, or we could see a crash towards $2.00. This is a critical time for XRP, and we need to see consistent whale accumulation to get the bullish momentum back on track. #Ripple #Altcoin #AltcoinSeason
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