#bearish sentiment

The post XRP top 100 holders reduce exposure amid bearish sentiment appeared on BitcoinEthereumNews.com. The top XRP investors have reduced their exposure over the past 30 days amid a midterm bearish outlook. As of May 15, large holders on the XRP Ledger (XRPL) tracked across the top 100 wallets offloaded a net 481,409,805 tokens, valued at about $693,229,719 at press time, over the past month. During the last 24 hours, this group of investors cut their holdings by 27,085,842 tokens, worth approximately $38,003,612 at the time of publication, according to data tracked by @Chachakobe4er, analyzed by Finbold. XRPL analysis of top holdings. Source: @Chachakobe4er Notably, the top 100 addresses control about 25,386,774,392 XRP, currently worth $36.55 billion, representing roughly 41% of the token’s total circulating supply. Meanwhile, the changed addresses – wallets that recorded at least one balance movement within the tracked period – control about 12,601,767,626 XRP, valued at nearly $1