#数字货币市场洞察 What exactly are the whales up to with this move?
In the past seven days, 510 million XRP have flowed out of whale wallets, making exchanges instantly lively. Looking back at the data: from 6.5 billion in September to just 3.84 billion at the beginning of December, these big players are dumping chips like crazy. No wonder the price has been weak lately—the selling pressure is right there.
What about the technicals? XRP/USDT is now stuck at the tail end of a symmetrical triangle, with the $2.05 level seeing back-and-forth action. The current situation is like waiting for the next act—just have to see which direction it breaks. If it breaks upwards, analysts say it could head straight for $2.38–$2.40; if it breaks down, then look back at the $1.72–$1.75 range. Short-term key levels are clear: $2.10 is the resistance above, and if $1.97 breaks down, beware of a short-term weakening.
But long-term holders aren't worried. Some voices say that even in the worst-case scenario, it might just drop back to $1, and as long as it stays above the 21-day moving average, the large-scale bull flag is still intact. If it really takes off, targets are being called at $20, $35, or even multiples higher.
So this is the current situation: short-term depends on the technicals, while long-term there's an optimistic card in hand. Just wait for the breakout moment.🚀
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ForumLurker
· 13h ago
Whales offloading chips, retail investors becoming the bagholders, how many years has this trick been played...
View OriginalReply0
ruggedNotShrugged
· 23h ago
If the whales want to dump their tokens, let them. It's not the first time we've seen this play.
View OriginalReply0
SandwichDetector
· 12-09 10:01
A whale just dumped 500 million coins in one go, while us retail investors are still trying to buy the dip. It's really like two different worlds.
View OriginalReply0
CryptoHistoryClass
· 12-08 16:37
ngl, watched this exact playbook unfold in 2017... whales dumping while retail dreams of $20. history literally rhymes, huh
Reply0
ChainPoet
· 12-08 09:59
The whale is playing the empty city strategy again. Dropping 500 million coins—really daring to play.
View OriginalReply0
AlphaBrain
· 12-08 09:58
When the whales are dumping, the retail investors all get dragged down with them—it's so frustrating.
View OriginalReply0
FUD_Whisperer
· 12-08 09:51
Whales are selling while we're buying the dip—this script is getting old, haha.
View OriginalReply0
TooScaredToSell
· 12-08 09:48
Whales dump 3.8 billion tokens— is this their "welcome gift" to retail investors? Yeah, right.
View OriginalReply0
GasFeeBeggar
· 12-08 09:39
510 million tokens dumped is really overwhelming, who can withstand this selling pressure?
#数字货币市场洞察 What exactly are the whales up to with this move?
In the past seven days, 510 million XRP have flowed out of whale wallets, making exchanges instantly lively. Looking back at the data: from 6.5 billion in September to just 3.84 billion at the beginning of December, these big players are dumping chips like crazy. No wonder the price has been weak lately—the selling pressure is right there.
What about the technicals? XRP/USDT is now stuck at the tail end of a symmetrical triangle, with the $2.05 level seeing back-and-forth action. The current situation is like waiting for the next act—just have to see which direction it breaks. If it breaks upwards, analysts say it could head straight for $2.38–$2.40; if it breaks down, then look back at the $1.72–$1.75 range. Short-term key levels are clear: $2.10 is the resistance above, and if $1.97 breaks down, beware of a short-term weakening.
But long-term holders aren't worried. Some voices say that even in the worst-case scenario, it might just drop back to $1, and as long as it stays above the 21-day moving average, the large-scale bull flag is still intact. If it really takes off, targets are being called at $20, $35, or even multiples higher.
So this is the current situation: short-term depends on the technicals, while long-term there's an optimistic card in hand. Just wait for the breakout moment.🚀