XRP fell 19.57% over the past week to $1.05, according to BeInCrypto Markets. The number of shark wallets, which hold at least 10,000 XRP tokens, continues to increase as Binance traders reduce their leverage. The $1 level is a key support to defend, while US investors in spot XRP exchange-traded funds are selling their positions. The growing number of shark wallets could offset outflows from US funds and influence the token’s next move.
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