Nearly $500 Million XRP Sold This Week, But Critical Holders Act As Saviour

XRP is under pressure after its recent decline, with the altcoin now trading at $2.85. Investor skepticism is fueling a wave of selling. However, a critical group of long-term holders continues to accumulate, offering much-needed support to the embattled cryptocurrency. XRP Investors Switch To Selling Exchange balances of XRP have surged sharply over the past week. Data shows that nearly 170 million XRP, valued at about $483 million, have been moved to exchanges. Such inflows are often linked to selling activity, highlighting investor caution amid persistent price weakness. This increase reflects growing concerns among retail traders who fear deeper declines. The heightened exchange supply highlights bearish sentiment in the short term, suggesting many investors are exiting their positions as XRP…