On March 3rd, according to crypto analyst Miles Deutscher on the X platform, XRP holders are selling tokens at a record level. Since the price rose by more than 500% in November 2024, large position holders have been actively selling, and XRP seems to be in a large distribution stage. According to its chart Crypto Quant data, the XRP 90-day moving average shows that the recent XRP whale single-day trading volume is as high as $120 million - $180 million.