XRP price prediction as whales offload 200 million tokens
XRP is facing renewed selling pressure after on-chain data revealed that whales have been on a major selling spree over the past two weeks. In this case, large holders offloaded about 200 million XRP tokens during this period, according to on-chain data from Santiment shared on September 17. XRP whale transaction chart. Source: Santiment The data shows a steady decline in whale holdings, suggesting that major investors are reducing exposure. Historically, such large sell-offs have acted as bearish signals for XRP, often weighing on market confidence and adding downward pressure on prices. Despite the selling, XRP has managed to hold support above $3, a level now seen as a critical threshold for short-term momentum. As of press time, the token was valued at $$3.02, having dropped by about 0.5% in the last 24 hours. XRP seven-day price chart. Source: Finbold A sustained break below $3 could open the door to declines toward $2.70, the next strong suppor...