XRP price has shown incredible resilience in the past few days, but the recent Bitcoin crash has knocked Ripple down.
As a result, $3.58 million Ripple longs faced liquidations on September 6.
According to Santiment’s Net Realized Profit/Loss indicator, investors sold 353 million XRP to book profits on September 6.
Profit-taking by whales could potentially dampen XRP's price recovery.