Whales have sold 470 million XRP in the past 10 days, on-chain monitoring shows significant selling pressure from large holders.

This wave of XRP being dumped by whales has directly pressured the price, combined with ETH whales also selling 4,000 coins, indicating an overall market deleveraging.

An OG address received ETH from the foundation 10 years ago and is now selling aggressively, showing obvious unrealized losses.

The behavior of whales is too panic-driven, suggesting a risk aversion, but the net reduction of 178 million in ETH staking implies accumulation at the bottom.

XRP may drop below $0.50, but in the long run, stablecoin regulation is favorable for cross-border payments, suggesting that whales should buy back low after selling, and avoid FOMO.