<ul><li>XRP is in a local distribution phase as large holders unload accumulated assets at record levels.</li><li>The distribution phase follows the accumulation and markup phases, with increased hope, greed, and fear.</li><li>On-chain metrics show a surge in trading volume as XRP holds support around the $2 price level.</li><li>XRP has seen daily gains cross 5% and ranks as the highest weekly gainer, with 8.10% in gains.</li></ul>

Ripple’s XRP Enters Local Distribution Phase as Whales Unload at Record Breaking Levels

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