Mid-Level XRP Holders Start Selling After a Year of Accumulation
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Wallets holding 1M–10M XRP — mid-tier investors — have begun selling for the first time in a year. Their sell-off could indicate profit-taking or weakening confidence, often a precursor to market pressure.
Combined with technical risks and low public interest, XRP may face heightened volatility in October, according to Peter Brandt.
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This selling pressure is natural after a long accumulation phase. Many holders are taking profits while uncertainty around regulations still lingers.
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Mid-tier investors moving funds could trigger short-term volatility, but if whales stay put, the overall structure might still remain bullish.