On March 3, according to crypto analyst Miles Deutscher, a crypto analyst, said on the X platform that the giant whales of XRP are selling tokens at record levels. Since the price rose by more than 500% in November 2024, large positions holders have been actively selling, and XRP seems to be in the stage of mass distribution. According to the Crypto Quant data included in the accompanying picture, the XRP 90-day average shows that the recent single-day trading volume of XRP giant whale has reached about US$120 million to US$180 million.