In a significant market movement, XRP whales have offloaded a staggering 160 million tokens, prompting analysts to issue an overbought warning for the cryptocurrency's price. This sudden selling activity by large holders could signal a potential shift in market dynamics, as it raises concerns about possible downward pressure on XRP's value, leading investors to closely monitor the situation to gauge the impact on long-term trends.
source: https://blocknews.com/xrp-whales-dump-160-million-tokens-price-faces-overbought-warning/