CandleFocus

Here’s How Many XRP Whales Dumped as XRP Fell

XRP whales, or large holders of the cryptocurrency, have been selling off significant amounts of XRP over the past 24 hours, leading to a sharp decline in its price. This sell-off coincided with a market-wide downturn and recent events involving U.S. President Donald Trump. Data shows that whales collectively sold 130 million XRP, possibly as a de-risking or position-exiting strategy. The derivatives market for XRP also indicates cautious sentiment, with traders closing positions rather than opening new ones. The liquidation data highlights the volatility in XRP's market, with total liquidations reaching $123.23 million in the past 24 hours.

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