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XRP Price Takes Heat As Whales Shuffle 85M Coins, What’s Next?

XRP, one of the top cryptocurrencies by global market cap, has once again sparked a storm of speculations across the broader market. The Ripple-backed crypto’s price noted a significant dip, occurring in tandem with mixed whale transactions recorded over the past day. Notably, on-chain data indicated approximately 85 million coins accumulated and dumped in hand amid XRP’s slip to the $0.47 price level. This has caused a flurry of inferences on the asset’s future market performance.

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