$438M Ripple Transfer Sparks Panic: Is XRP Headed for a Dump?

Krutika Adani

$438M XRP Transfer Sets Off Alarms

Ripple moved $438M worth of XRP, triggering panic. While some feared a sell-off, XRP held steady around $2.16. But is a bigger move coming?

Profit-Taking Risk Looms

With many investors sitting on profits, XRP’s high MVRV ratio could spark selling if sentiment weakens—despite current bullish vibes.

Exchange Reserves Tell a Different Story

Instead of piling up for a dump, XRP is leaving exchanges. That’s often a bullish sign suggesting accumulation, not liquidation.

DEX Volume Explodes 770%

Decentralized XRP trading is booming. This shift shows investors may be bracing for a breakout—or hedging against a potential dump.

Breakout or Breakdown Ahead?

Price action is coiling. A move above $2.35 could trigger a rally to $2.61. But failure to hold support could mean the dump fears weren’t false alarms.

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