280M XRP Whale Sell-Off: Will Ripple’s Price Drop?

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Whales sold 280M XRP this week as price tests $2.00 support, with analysts watching technical levels and ETF developments.

Ripple’s XRP is trading near the $2.05 mark after large-scale whale activity raised questions about future price direction. The token saw short-term price pressure following a week where major holders reportedly sold hundreds of millions of XRP.

XRP Holds Key Support
XRP is hovering around the $2 support level. CryptoWZRD commented that the asset has yet to break down, and holding above $2.1 could trigger the next move higher.

Ripple’s token traded between $1.99 and $2.05 over the past 24 hours, showing low volatility. This tight range could widen if volume increases near resistance or support levels.


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