🚨 5-7 Years Giant Whale Cashes Out $721 Million! XRP Loses Key Support at $2! 🚨

A wallet holding XRP for 5-7 years (cost about $0.4) realized a profit of over $721 million in one go on December 11. This is not a profit-taking during an uptrend, but a crash when the price at the key psychological level of $2 showed signs of fatigue. This massive sell-off required the market to absorb it all at a time when liquidity was already tight.

💡 Key Insight: The actions of this 'Ancient Whale' are a clear signal to de-risk. It reminds us that the theoretical 'over-supply' is a real selling pressure. When the entire market (like BTC oscillating under $80,000 to $90,000) lacks depth, this level of sell-off can easily break through key support. The focus now is whether the weekly close can reclaim the $1.90-$2.00 area; otherwise, $2 will turn from support into a trap door.

#XRP #Ripple #Cryptocurrency #Blockchain #TradingAnalysis #Bitcoin #InvestmentStrategy #MarketDynamics