XRP Whales Withdraw $165M Amid Ongoing Selling Pressure
XRP's price has continued to face selling pressure after hitting $1.69 in late August, but on-chain data reveals that whale transactions have become more dominant on exchanges.
In a single day, XRP whales withdrew over $165 million from exchanges, the largest intraday outflow since late February.
This significant withdrawal reduces exchange liquidity and is notable for crypto traders and DeFi/CEX flow analysis.