Over the past month, large XRP whales sold approximately 400 million tokens worth $800 million, increasing market distribution pressure. However, smaller whales absorbed much of this supply, limiting bearish momentum while long-term holders continue to accumulate tokens, indicating sustained confidence. Technically, XRP recently broke out of a descending wedge pattern, suggesting a possible 11.7% price rise toward $2.10 but remains at risk if it falls below critical support levels.

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