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Altcoins & DeFi

XRP Risks Decline to $0.98 if Whale Distribution Persists

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Major XRP players have begun a coordinated unloading of wallets, which risks leaving the market without support in the face of a deep correction. Well-known analyst Ali Martinez has made public fresh metrics from the Santiment platform, according to which the systematic exit of "whales" puts the resilience of current price boundaries at risk. If big capital continues to get rid of tokens, the XRP price will inevitably lose its footing and crash to the $0.98 mark. At the core of this scenario lies the dry mathematics of blockchain data. Over recent weeks, the number of wallets with balances from 10 million to 100 million XRP thinned from 351 to 339 addresses.

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