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.