đ„$XRP RP XRP Army on High Alertđ„
719 Million XRP Sold in 24H - What's Really Going On?
The crypto world is buzzing after whales offloaded 719M XRP (â$2.3B) in just one day - and the shockwaves are real. Here's what matters most:
đWhale Panic or Strategic Move?
Massive CEX inflows hint at liquidation plans.
Over $41M in longs liquidated a brutal 24-hour flush.
$XRP briefly dipped below $3.00, triggering panic before rebounding.
But here's the twist:
đWallets holding 1M-100M XRP are actually growing.
đđ» +310M XRP added since July 27 some whales are clearly accumulating.
đKey Price Levels to Watch
Support: $2.90-$3.00 (critical zone)
Resistance: $3.32
Breakdown â $2.65 danger zone
Breakout â Could retest $3.65 (yearly high)
âïžRegulatory Clouds Still Linger
While the 2023 Torres ruling favored XRP, the SEC's silence on Ripple's status keeps investors cautious. This uncertainty might be pushing some whales to reduce risk.
đšFinal Take
The XRP market is split some whales are exiting, but others are loading up. Volatility is high, but long-term conviction remains among key holders.
Stay sharp. Track the charts. Monitor the whale wallets.
This isn't over it's just heating up.