The combined crypto market cap has dropped by 7.355% in the past 24 hours to $3.13 trillion, with a focus on Bitcoin, Ethereum, and XRP. XRP has experienced a significant sell-off, with holders suffering losses of over $2.2 billion. An anonymous whale transferred $68.4 million worth of XRP to Coinbase, raising concerns of further sell-offs. XRP's price has been profitable, reaching a seven-year high of $3.388, but this growth has led long-term holders to take profits. The transfer to Coinbase may impact traders' sentiment while they wait for a rebound. XRP remains the second most capitalized altcoin and its movements are important for the overall market. Despite recent backlash and FUD, XRP is still being closely watched by analysts.



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