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XRP Price Holds Firm Around $1.50 Amid Whale Withdrawals and Derivatives Activity

Guavy AI Editorial Team
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XRP price has stabilized around $1.50 after recent fluctuations.

Whale-sized withdrawals on Binance and Coinbase have been observed, with transfers above 1 million tokens accounting for 60.8% of outflow value on September 30.

The increase in whale activity has accompanied rising derivatives activity, with XRP open interest increasing on Binance and Hyperliquid.

Analyst Ali Martinez identified a potential breakout at $3.66, which could lead to a target price near $31.87 if confirmed.

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