Recently, the XRP market has shown a complex trend. After breaking through the January high, the XRP price has retreated, falling below the January high. Analyzing from the perspective of volume and price relationship, this pattern of rise and fall releases a rather negative market signal.

It is worth noting that, according to data from CryptoQuant, Ripple co-founder Chris Larsen sold approximately $200 million worth of XRP in the last 10 days. This large-scale sell-off has been interpreted by the market as a clear signal that major funds are retreating.

Based on the current market performance and the actions of major shareholders, some analysts believe that the upward trend of XRP may be nearing its end. However, the cryptocurrency market is highly volatile, and investors still need to closely monitor subsequent developments and weigh risks against opportunities.

Nevertheless, XRP, as a mainstream cryptocurrency, still deserves attention for its technological advantages and application prospects. Short-term market fluctuations should not obscure its long-term development potential, but investors need to be more cautious when making decisions and comprehensively assess market conditions and potential risks.