Whales are moving their XRP holdings to exchanges, potentially indicating a sell-off or other activities in the cryptocurrency market. A significant transaction of 30.17 million XRP tokens, worth $76.34 million, was dumped onto Coinbase. Additionally, exchange reserves have increased by 34 million XRP in the past 48 hours, suggesting long-term holders are moving their holdings to exchanges for potential selling. Despite these sell-off signals, XRP is maintaining its bullish structure and testing a key resistance at $2.60. XRP's RSI indicates there is still room for upside momentum. At the time of writing, XRP is trading near $2.52, experiencing a 1.90% price drop in the past 24 hours, with lower trading volume compared to the previous day.



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