719 Million XRP In Last 24 Hours Stuns XRP Army

Key Points

1. Whales sold over 719 million XRP in 24 hours, equivalent to more than $2.3 billion, triggering market volatility and briefly pushing XRP below the $3.00 support level.

2. On-chain data confirms significant XRP sell-offs, with over $41 million in liquidations and 759 million XRP transferred in whale transactions, including 16.8 million sent to Coinbase.

3. Wallets holding 1 million to 100 million XRP have increased in number over the past two weeks, adding over 310 million XRP, creating mixed signals in the market.

4. XRP is trading between key levels: resistance at $3.32 and support between $2.90 and $3.00, with potential downside to $2.65 or upside to $3.65 if key levels are breached.

5. Ongoing SEC regulatory uncertainty around Ripple continues to impact XRP's long-term trajectory, influencing whale decisions to sell.