A whale transfer of 145.6 million XRP, worth approximately $206.6 million, was executed between two unknown wallets. XRP’s price recovered from around $1.00 to nearly $1.70 before consolidating between $1.30 and $1.49. Open interest on Bybit dropped from 61 million to -37.5 million XRP, indicating a spot-driven recovery rather than leverage-fueled. Key resistance sits at $1.49, with critical support at $1.30. Thick sell walls near $1.50 on Binance and Coinbase could impede further price appreciation.
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