In the rapidly shifting world of cryptocurrencies, even the largest market participants are not immune to panic and sharp reversals. Over the past 48 hours, major holders—so‑called “whales”—of XRP have dumped roughly $480 million worth of the token, coinciding with XRP’s drop under the psychologically important $2 level. This sudden reversal in behaviour is raising serious questions about sentiment, support levels and the outlook for the token in the near term. Whale Activity Turns from Accumulation to Liquidation Large wallets holding between 10 million and 100 million XRP had been in accumulation mode for more than 20 consecutive days. That trend came to a sudden halt: they sold approximately 250 million XRP , equivalent to over $480 million within just two days. This shift from “buying the dip” to outright selling suggests a meaningful change in belief among large‑holders—in other words, they may no longer expect a quick rebound for XRP. Their liquidation reduces a k...