Analysis: XRP whale has sold significantly, with a recent single day sell-off volume exceeding $120 million

Odaily Planet Daily News: According to crypto analyst Miles Deutscher's article on X platform, XRP whale holders are selling tokens at record levels, with large position holders actively selling since the price rose more than 500% in November 2024, and XRP seems to be in a phase of massive distribution. According to the Crypto Quant data accompanying its chart, the XRP 90 balance moving average shows that the recent daily trading volume of XRP Whale has reached around $120 million to $180 million.