XRP whale wallets fall to 339 as exchange balances reach 11.05 billion

Analyst Ali Martinez has released new metrics from the Santiment platform indicating that major XRP holders are systematically reducing their positions, a move that threatens the stability of current price boundaries. The data shows a coordinated unloading of wallets that could leave the market vulnerable to a deep correction if selling pressure persists. Blockchain data reveals a distinct shift in the distribution of large XRP holdings over recent weeks. The number of wallets holding between 10 million and 100 million XRP decreased from 351 to 339 addresses.

Source: The Currency Analytics