XRP whales have sparked intense investor worry by massively offloading their XRP holdings ahead of Ripple's $125 million settlement with the U.S. Securities and Exchange Commission (SEC). The latest on-chain data reveals that nearly one billion XRP tokens were moved within the past day.
This massive shift has led to widespread speculation concerning the future price movements of XRP. Adding to this uncertainty are recent significant escrow transactions by Ripple, increasing market volatility further.