🔥 XRP Price Drops Despite Good News: Whales Are Selling!

$XRP is facing a paradox. Despite strong network growth and institutional interest, its price is down over 10% in a week. So, what's going on?

A new report from CryptoQuant has the answer: Whales are selling.

📊 Key Insights:

· Major holders began moving XRP to exchanges like Binance in late 2024, planning their exit.

· They used recent positive news and price rallies as the perfect "exit liquidity" to sell at higher prices.

· This massive selling pressure has overwhelmed bullish fundamentals, causing the price to stall.

The Bottom Line:

· Short-Term: Price is expected to remain under pressure until this whale selling subsides. Key support to watch is $1.94.

· Long-Term: Fundamentals are still strong with Ripple's new acquisitions and ongoing Spot XRP ETF filings from major firms.

What’s your take? Is this a buying opportunity or a sign of more pain ahead?

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Source: CryptoPotatoe

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