Analyst warns XRP could fall to $0.98 as whale wallets shrink
- —Wallets holding 10–100M XRP dropped to 339 from 351
- —Exchange XRP reserves rose by ~50M to about 11.05B
- —$1.26 is the lower bound of the channel formed since August
- —A break below $1.26 risks a slide to $1.11, then $0.98
Why it matters: Rising exchange reserves and fewer large holders point to growing sell-side pressure on XRP.
Source: PANews