XRP has retested the $0.90 level after reaching a high above $3 in Q1 2025. Large holders, known as whales, continue to deposit tokens on exchanges, particularly Binance, at volumes far exceeding the levels seen between 2017 and late 2024. CryptoQuant data shows that this activity has not reversed despite XRP’s price decline, maintaining selling pressure on the market. This pattern provides mixed signals for the asset, with no clear signs of a near-term reversal.
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