XRP Price Dips 3.39% as Whale Activity and Ledger Volume Shift Amid SEC Uncertainty

XRPUSDT is currently trading at 2.1089 on Binance, down 3.39% over the past 24 hours from an open of 2.1830. The recent price decline follows a period of heightened volatility and increased trading activity, driven by a sharp drop in XRP Ledger payment volume (down 70% in late June 2025) and significant whale movements, including large transfers to exchanges earlier in the week. While whale selling pressure has recently subsided and the number of large holders and daily active addresses has reached new highs, ongoing legal developments involving Ripple and the SEC continue to contribute to market uncertainty. Despite strong network engagement and a high trading volume of $4.46 billion, the price remains below recent highs, reflecting a consolidation phase amid mixed sentiment and external regulatory factors.