Whale & Post Analysis
A massive 719 million XRP (~$2.3B) were dumped in a single day, causing XRP to break below the $3 level and triggering ~$41M in derivatives long liquidations
On top of that, South Korea’s Upbit exchange sold over 40 million XRP in one day—the biggest exchange-driven XRP dump in months
Despite the steep losses, some technical signals point toward a potential 20% upside rebound in XRP, based on bullish divergences