😅 The Biggest $XRP “Whale” This Week Was a Hacker Every time a chart shows a record whale outflow, my timeline fills up with the same post: “whales are accumulating” 🐋 This week the record was real. On October 29, CryptoQuant recorded XRP whale netflow on one of the largest exchanges at -226 million XRP, almost 3x the September 2022 level. The “whale” behind most of it, though, was the attacker. That was the day of the $6.3B exchange hack, and TRM Labs traced about 233 million XRP straight to the hacker’s address. The actual whales showed up after withdrawals reopened on November 1: 🔹 large outflows jumped to 80 million XRP, over 5x the October 30 level 🔹 whale netflow stayed at around -50 million XRP Those are holders taking their coins home, so less XRP sits ready to be sold. 📊 After an 8% drop on the hack night, XRP has been stuck around $1.25 since October 31. Key Price Levels to Watch 👇 📈 Resistance: $1.26. Every push since October 31 has stalled here. 📌 Support: $1.24. Price wicked below it on November 2 and came right back. 📉 If that gives way, $1.20 is next, the low from the hack night. Pretty calm chart for the week of the biggest hack on record. Still, if $BTC turns lower, a thinner sell side won’t help XRP much. Next time you see “record whale outflow”, will you check who’s behind it first? 🤔 Not financial advice. DYOR. #Macro Insights# #Altcoin Season# #XRPETF #Ripple