XRP whales have reportedly sold approximately $470 million worth of tokens in the last 10 days, resulting in a 20% drop from its peak price of $3.65. However, analysts like Unity Wallet CEO James Toledo believe there's no cause for panic. They note that trading volumes have remained steady, indicating strong demand from retail investors who are accumulating XRP, suggesting a rapid redistribution rather than fear-driven selling. Currently trading at $2.90, XRP has key support levels around $2.78-$2.60. Analysts maintain a cautiously bearish short-term outlook, with expectations for price recovery should XRP reclaim levels above $3. In flows into XRP-based exchange-traded products also signal sustained interest, with over $125 million noted recently. This robust market activity includes not just XRP but also notable movements among Bitcoin whales, demonstrating the dynamic behavior of large holders in the crypto market.

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