Can XRP price break $1.57 as whale withdraws 580M tokens?

XRP (XRP) Price: Whale Withdraws 580 Million Tokens From Exchanges

TLDR A whale withdrew 580 million XRP, worth about $900 million, from exchanges in seven transactions. XRP recorded $6.76 million in spot net outflows over 24 hours. XRP’s Exchange Reserve USD fell 2.48% during the same period. XRP broke above a descending pennant and now trades near $1.53, just below $1.57 resistance. A move above [...]

580 Million XRP Leaves Uphold As This Whale Transaction Raises Ripple Questions

A major XRP transaction involving Uphold has raised questions about the identity and intentions of the holder behind nearly 578 million tokens. BSCN reported that Whale Alert tracked the movement across seven transactions, with XRP carrying an estimated value of around $900 million. The scale of the withdrawals has raised questions about whether Ripple could have controlled the funds, although the transaction data does not identify the holder. T…

Can XRP price break $1.57 as whale withdraws 580M tokens?

XRP exchange supply contracted as a massive whale withdrawal coincided with outflows and falling reserves.