XRP Whales Engage In Record Token Sell-Off

According to Odaily, cryptocurrency analyst Miles Deutscher has reported on the X platform that XRP whales are selling their tokens at unprecedented levels. Since November 2024, when XRP's price surged by over 500%, large holders have been actively offloading their positions. The data from Crypto Quant indicates that the 90-day average for XRP shows recent single-day sell-off volumes by whales reaching approximately $120 million to $180 million.