XRP Whales Sell $780 Million, Will Price Fall Below $2?

XRP price is struggling around the critical $2 level after repeated failed rallies, indicating market uncertainty. Whales, specifically wallets holding 1 million to 10 million XRP, have sold over 390 million XRP (worth more than $783 million) in the last week, signaling frustration among high-value holders. Conversely, long-term holders (1-to-2-year cohort) are increasing their share of the supply, providing support that is stabilizing the price near $2.00. Analysts suggest XRP will likely remain rangebound between $2.00 and $2.20 without a clear catalyst. However, if bearish pressure from whale selling intensifies, a breakdown below the $1.94 support could lead to a deeper decline toward $1.85.

(Source：BeInCrypto)