Recently, significant movements by large investors in the XRP ($2.91) market have captured attention. Known as Ripple $3 whales, these major investors have released approximately 70 million XRP tokens into the market. This selling activity has led to a noticeable decline in digital asset prices, causing a cautious atmosphere among investors.
Investor Activities
Market expert Ali Martinez noted that this large sale significantly impacted investor sentiment. Martinez pointed out that whale groups have executed widespread sales in recent days, sparking serious discussions in the market. Due to the drop in prices, investors feel the need to reassess their risks.
XRP attorney John Deaton recently made important remarks regarding XRP during the Thinking Crypto Podcast. Deaton suggested that a short-term increase in the asset could be followed by a sudden drop.
John Deaton: I expect a decline in prices following a significant rise in XRP. Additionally, XRP has the potential to surpass Ethereum
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