140 Million XRP Left Exchanges in a Day, Yet The Price Kept Falling

What: 140 million XRP left exchanges in a single day, causing a significant shift in the market dynamics.
Why: The price of XRP continued to fall despite the substantial outflow, indicating a lack of buying pressure.
Signal: Two on-chain signals suggest a potential shift in holder behavior, which could impact the price trajectory.
Target: The price is currently trading at $1.38, near the ascending trendline support, and may be heading towards the double top pattern.
Risk: The double top pattern and lack of buying pressure pose significant risks to the price, potentially leading to further declines.