Whales Sell Off XRP šŖ
Over the past month, the price of XRP has shown a decline, although the overall news background has been quite positive. While BTC and ETH have grown, Ripple has corrected by 12%.
š What is the reason?
Major players have been getting rid of the token for the last six months, starting in February:
ā«ļø In February, whales held 6.64 billion XPR
ā«ļø Today, these same wallets have 6.53 billion XPR
110 million coins were sold by whales. While we see accumulation in BTC and ETH, here the picture is the opposite.
This does not mean that the token is bad and will fall to zero. But the investors' sentiments are understandable. š¤
