XRP whales have recently caused a stir in the crypto market by selling off substantial quantities of XRP ahead of Ripple's anticipated $125 million settlement. On-chain analytics have revealed that approximately 114 million XRP has been offloaded.
The timing of these transactions has raised questions about the potential impact on XRP's price and market dynamics. Such large movements by influential holders often lead to significant market shifts.
Investors and market observers are closely monitoring the situation to understand the long-term implications of these whale activities on XRP's price trajectory and overall market health.