๐ฅ $XRP XRP Army on High Alert ๐ฅ
719 Million XRP Sold in 24H โ Whatโs Really Going On?
The crypto world is buzzing after whales offloaded 719M XRP (โ$2.3B) in just one day โ and the shockwaves are real. Here's what matters most:
๐ Whale Panic or Strategic Move?
Massive CEX inflows hint at liquidation plans.
Over $41M in longs liquidated โ a brutal 24-hour flush.
XRP briefly dipped below $3.00, triggering panic before rebounding.
But hereโs the twist:
๐ Wallets holding 1Mโ100M XRP are actually growing.
๐ +310M XRP added since July 27 โ some whales are clearly accumulating.
๐ Key Price Levels to Watch
Support: $2.90โ$3.00 (critical zone)
Resistance: $3.32
Breakdown โ $2.65 danger zone
Breakout โ Could retest $3.65 (yearly high)
โ๏ธ Regulatory Clouds Still Linger
While the 2023 Torres ruling favored XRP, the SECโs silence on Rippleโs status keeps investors cautious. This uncertainty might be pushing some whales to reduce risk.
๐จ Final Take
The XRP market is split โ 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 isnโt over โ itโs just heating up.
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