XRP Whale Don Comot $5.68M Position, E Dey Show Say Short-Term Pullback Go Happen
One big XRP whale don close long position wey worth $5.68 million for about $3.52, e spark major market signal. XRP don rally 20% for past week and almost 480% for this year so far, market cap don pass $208 billion and 24-hour trading volume don over $8.5 billion. Traders dem dey see say as e waka comot close to $3.60–3.70 resistance zone na profit taking, e fit mean say short-term pullback fit happen.
Even though, XRP bullish fundamentals still dey gidigba. Ripple SEC settlement improve regulatory clarity, e open road for futures, ETFs and US exchange listing again. On-chain metrics show record accumulation for big wallets and e break long-term triangle. Technical indicators dey target $5.80–6.00, plus AI forecast calculate $6–10, based on wetin institution dem dey show interest.
Neutral
Di whale $5.68 million exit wey near di $3.60–3.70 resistance zone na clear sign say people dey comot profit we fit make XRP price short term fall small. Technical indicators dey show say e fit correct small as traders dey ready for consolidation. But di bigger picture still dey supported by strong fundamentals: SEC settlement bring regulatory clarity, record on-chain accumulation plus one triangle breakout wey support longer term uptrend. Di mix of immediate bearish signal and strong bullish drivers make di impact balanced and neutral.