Blockchain Bulletin

$XRP slipped 4.8% to $2.96 📉

- Profit-taking pressure is building as ~94% of holders sit in profit; a zone that historically preceded steep drawdowns.

- Yet, exchange balances are falling, suggesting whales are quietly soaking up supply.

- Key support sits near $2.94; a breakdown could accelerate losses, while holding above keeps the bullish structure intact.

The next move depends on whether retail continues to buy in strength or whales continue to accumulate.