XRP Whales Offload 200 Million Tokens Worth $400 Million in 48 Hours

Wallets holding between one million and ten million XRP tokens sold approximately 200 million tokens valued at $400 million over a 48-hour period, data show. The asset dropped 10.32% in 24 hours, falling below $2 to touch lows near $1.85. Trading volume exceeded $7.2 billion during the selloff, which coincided with broader cryptocurrency market weakness.