Cryptanalysis Analyst: XRP whales have significantly sold off, with a recent single-day dump exceeding 120 million USD

2025-03-03 19:51:25
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ChainCatcher news, according to crypto analyst Miles Deutscher's post on the X platform, XRP holding whales are selling tokens at record levels. Since the price increase of over 500% in November 2024, large position holders have been actively selling, and XRP seems to be in a large distribution phase.

According to the Crypto Quant data shown in the accompanying image, the 90-day average line for XRP indicates that recent daily sell-off trading volumes by XRP whales have reached around $120 million to $180 million.

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