XRP is currently in a precarious position as it faces a potential price crash. This arises from aggressive offloading by whales and institutions.
In the last week, Binance, the world's leading crypto exchange, has experienced a substantial influx of XRP tokens being dumped by institutional investors, according to CryptoQuant.
This surge in exchange reserves signifies bearish sentiment towards XRP, highlighting market apprehensions around Ripple's token.
