XRP Price Performance Disappoints Post-Swell Event

According to Utoday, XRP has experienced a significant downturn, falling by 9% over the last seven days. This decline comes despite the much-anticipated Ripple Swell event, which brought forth several major announcements that typically would generate positive market momentum. Interestingly, the article also highlights a substantial 240% surge in XRP profit realization. This suggests that while some holders are liquidating their positions to secure profits, it has not been enough to counteract the overall negative price trajectory, leading to a notable dip in the asset's value following the highly publicized event.