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XRP Price Stalls Near $1.30 as Reports Diverge on Whale Wallet Activity

XRP Price Stalls Near $1.30 as Reports Diverge on Whale Wallet Activity

Photo: TheCoinrise

Conflicting data on large-holder behavior complicates the picture as XRP trades in a tight range. XRP has spent recent trading sessions parked near $1.29 to $1.30, showing limited volatility even as on-chain data points in different directions. The token's price has remained largely flat, a pattern often associated with indecision among both retail traders and larger holders. One account of the on-chain picture describes whale wallets shrinking while balances on exchanges rise. That combination is typically read as a sign of distribution, where large holders move tokens toward trading venues, potentially ahead of selling.

Source: TheCoinrise

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