Whales Gone Wild: XRP Takes a Nosedive! 🐋💸

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TL;DR

  • In a shocking twist, Ripple whales have decided to play a game of token hot potato, offloading over 60 million tokens in just three days. Who knew they were so generous? 🎁
  • XRP was feeling pretty good about itself earlier today, strutting around at over $2.4, but alas, it was swiftly reminded of gravity and dropped by about 5%. Ouch! 😬

Whales have sold over 60 million $XRP in the last 72 hours!

— Ali (@ali_charts) May 21, 2025

Now, let’s talk numbers. Those 60 million tokens translate to a staggering $140 million. Sounds impressive, right? But in the grand circus of cryptocurrency, where the market cap is flirting with $140 billion, it’s like a drop in the ocean. 🌊

What’s truly alarming is the speed of this offloading. Just 72 hours! It’s like watching a magician pull a rabbit out of a hat, only to realize the rabbit is actually a ticking time bomb. 💣

And let’s not forget the whales’ sudden change of heart. Just last month, they were on a shopping spree, hoarding over 900 million tokens like they were the last cookies in the jar. 🍪

Today’s revelation coincided with XRP’s rollercoaster ride. The fourth-largest cryptocurrency was riding high, buoyed by Bitcoin’s meteoric rise to a new all-time high, climbing from $2.34 to a dizzying peak of nearly $2.44. But just like that, it was met with a swift kick back down to reality. 🚀➡️💥

As of now, XRP is limping back to around $2.35, precariously perched above a crucial support line at $2.3. It’s a make-or-break moment, folks! Will it rise like a phoenix or crash like a poorly made soufflé? Only time will tell! ⏳

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2025-05-21 22:11