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December 17, 2024

Ripple Whales Dispose of 44 Million XRP Tokens Can Price Still Rally

XRP whales have moved to reduce their holdings, with 4.4 million tokens sold amidst ongoing price consolidation. Retail investors, however, have embraced the dip, presenting an interesting dichotomy in the market. Ripple’s recent RLUSD launch paired with positive technical indicators creates a hopeful backdrop for a potential breakout towards 4.03 dollars. As trends continue to evolve, it’s vital for XRP enthusiasts to assess both the whale movements and retail reactions closely. Observing these parameters can provide critical insights into future price trajectories in the XRP market.

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