Ripple’s Price Reversal? More Like a Sudden Exit! 🚪💸

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TL;DR? More like TL;DR, but also, why are we even here?

  • XRP whales move 80M tokens off exchanges—because who needs liquidity when you can just hoard? 🧊
  • $845M in single-day losses? Sounds like a bad day at the office. And the co-founder sold $140M? Classic. 🤡
  • RSI cooled down? Finally, the market is taking a nap. Or maybe it’s just exhausted from all the drama. 😴

Exchange Supply Drops Sharply

Between July 23 and July 26, XRP on exchanges dropped from 4.45B to 4.25B. Like they’re trying to hide from a tax audit. 📜

Captain Redbeard says they’re not selling, just moving to cold storage. Because nothing says “I’m not selling” like putting your coins in a safe that’s harder to access than a vault at a bank. 🔒

Glassnode data showed a clear decline in $XRP held on exchanges. So, they’re not selling. They’re just… relocating. 🧳

— Captain Redbeard ‍ (@Brett_Crypto_X) July 29, 2025

XRP at $3.15? Down 3% in 24 hours. Because nothing says “I’m stable” like a 3% drop. 📉 The all-time high was $3.65? Oh, that’s just a memory now. 🙃

Analyst Ali Martinez says losing $3.15 could test $3. So, basically, the market is like a seesaw, and we’re all waiting for the other side to drop. 🪑

Selling Spikes After Insider Move

On-chain data shows $845M in losses. One of the most significant sell-offs this month. And the co-founder sold $140M? Because nothing says “I’m a big investor” like selling $140M worth of XRP. 🤡

Trading volume remains strong at $6.2B. XRP is still below its all-time high. And the mood? Cautious. Because nothing says “cautious” like a market that’s simultaneously panicking and pretending it’s fine. 😅

Momentum Builds Underneath

BBTrend value at 27.66. So, the market is taking a nap but still managing to be dramatic. 🛌

RSI dropped to 59. No longer overbought. Because nothing says “I’m balanced” like a number that’s just slightly below the overbought zone. 🎯

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2025-07-29 20:56