XRP Whales Moved 1.10 Billion Tokens in a Week: Details
A fresh XRP market debate is underway after crypto analyst Ali Martinez said whales sold or redistributed 1.10 billion XRP over the past week. It is a figure that quickly caught the attention of traders watching whether large holders are trimming exposure or simply repositioning coins off exchanges. The timing matters because XRP is trading around $1.39 today, down about 2.02% over the past 24 hours, with a market value near $85.6 billion and daily trading volume close to $1.95 billion, according to CoinMarketCap. The whale transfer chatter is landing at a delicate moment for XRP. Major cryptocurrencies were slipping today as crypto sentiment cooled alongside broader market hesitation. Todays pullback follows a month in which XRP has struggled to build on earlier strength, even as traders continue to search for a durable catalyst. Price action on the chart does not yet suggest a clean breakout. XRP fell below its 50-day exponential moving average at $1.41 and was trading below $1.40, while the 100-day EMA sits at $1.52 and the 200-day EMA is further overhead at $1.75. Immediate support is near $1.30, with resistance around $1.41, $1.52, and $1.60. In other words, the market is still inside a narrow corridor where neither