Ripple Whale Dumps 40 million XRP, Price Crash Imminent?

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Ripple’s native token XRP, is posed for a price decline as whales dump millions of XRP tokens while the price retests the breakdown level of $0.545. On September 12, 2024, the transaction tracker Whale Alert made a post on X (Previously Twitter) that Ripple whales have offloaded 39.32 million XRP tokens, worth $21.13 million to Bitstamp.