Analysis: XRPWhale significantly dumping, with a single-day selling volume exceeding $120 million in the near term

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XRP-2.42%
QNT-0.69%

Odaily Planet Daily News According to encryption analyst Miles Deutscher, XRP holders are dumping Tokens at a record level. Since the price pump of over 500% in November 2024, large Position holders have been actively dumping, and XRP seems to be in a phase of large distribution. According to the Crypto Quant data in his accompanying illustration, the 90-day moving average of XRP shows that the daily dump volume of XRP Whales recently reached around 120 million to 180 million US dollars.

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