2026-01-08 03:26:52

XRP faced a 5.15% pullback over the past 24 hours, lagging behind the broader market—but is this a correction signal or just healthy consolidation?

The sell-off appears driven by multiple factors converging at once. A macro risk-off sentiment, coupled with ETF outflows, pressured alternative coins across the board. Meanwhile, XRP's impressive 25% weekly rally ran into profit-taking near the $2.40 resistance level, a critical ceiling that's resisted bulls multiple times.

What's catching traders' attention: approximately 29.5 million XRP has shifted to exchange wallets recently—a classic whale repositioning move. Whether this signals large holders taking profits or setting up for continued accumulation remains unclear. Chain monitoring shows the activity spiking, suggesting meaningful coordination among major stakeholders.

The bigger picture? XRP's volatility reflects typical altcoin behavior during macroeconomic uncertainty, where risk appetite directly impacts capital flows. The $2.40 level remains crucial—a break above confirms bullish momentum, while sustained pressure below could extend weakness into the broader market structure.

XRP0.04%

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DefiSecurityGuard

· 15h ago

ngl, 29.5M XRP moving to exchanges? that's giving major red flags. classic whale dump setup or coordinated exit. where's the audit trail on these wallet addresses... DYOR before fomo kicks in fr fr

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MEVSupportGroup

· 21h ago

Both falling and rising, and 2.4 hasn't been broken yet. This is just XRP's daily routine haha

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WalletInspector

· 01-09 19:48

29.5 million XRP moved to exchanges again, another big player arbitrage play... feels like this dip won't be too deep, just a shakeout.

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ThatsNotARugPull

· 01-08 22:11

29.5M XRP into the exchange, is this a big player fleeing or building a position? 2.4 is simply a threshold; if it falls below, it will continue to drop further.

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MetaverseLandlady

· 01-08 03:56

It's dropping again. How much lower does it need to go this time before it stops?

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TokenomicsTrapper

· 01-08 03:53

nah this is just textbook greater fool theory playing out again lol. 29.5M XRP to exchanges? actually if you read the vesting schedule, this dump was predictable months ago. $2.40 resistance breaking above means nothing when macro conditions literally scream risk-off called this consolidation pattern back in november tbh. watching these liquidations cascade is becoming my favorite sport fr

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BloodInStreets

· 01-08 03:51

2.4 is back again? Will it break this time or continue to be played by big players. This wave of whale selling rhythm is faster than retail investors cutting losses, hilarious. Is a 5% adjustment just? Don't cry when bottoming out, I'm waiting here. Big players hoard chips, small investors take the bait, old tricks, brother. Valuable lowlands are just copied like this; you need to have a strong mentality. When macro declines, the first to be cut are always those like XRP, panic comes suddenly and unexpectedly. 29.5m building walls or selling off, question mark face...

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LayerZeroJunkie

· 01-08 03:47

Dropped again... Is the 2.4 level really going to break this time? Feels like the whales are offloading, I don't dare to buy the dip.

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MEVHunter