Good morning, today has started off as a very interesting day, and this is because a few hours ago 11 MILLION of $XRP were withdrawn directly from Upbit, one of the largest exchanges in South Korea.
The interesting thing about this movement is that its destination was a Private Wallet.
Let's look at these transaction details
Key details of the movement:
Origin exchange: Upbit (22)
Destination: Private wallet
Amount transferred: 11,000,000 XRP
Estimated value: +$5.5 million USD (approximate)
Operation time: May 11, 12:56 AM UTC (7 hours ago)
Fee paid: Only 0.01 XRP
Status: Success | Ledger 96,038,397
Translating this into easier terms:
This type of movement does not go unnoticed. Possible reasons:
* We have a long-term accumulation outside of exchanges
* Potential institutional or whale movement
* Confidence in a possible positive outcome in the Ripple vs. SEC case
* Expectations of a short-term rally
This indicates that it is time to buy $XRP
When whales move… the market listens.
Today is your moment, seize the opportunity, listen, analyze, and act.
