Last night, a transfer of XRP worth over $230 million was hyped as a 'whale bottom fishing', but the reality is: it is likely just an internal withdrawal, not a buy order!!!
The problem is not the transfer, but the price: hundreds of millions of dollars worth of XRP are stagnant, is that normal? Is the market really that deep? Or has it been 'arranged' too well?
The community is starting to doubt: has XRP already become a 'price anchoring asset'? Even Ripple's CTO came out to explain 'just a withdrawal' — but the doubts remain, why have so many large movements never brought about a market trend?
This is not a coincidence; this is the beginning of a consensus crisis. When the market loses confidence in the price mechanism of an asset, what will happen next? Everyone has an idea in their mind.
The fundamentals of XRP cannot be covered by on-chain transfers. Chain moves but price does not; this anomaly is either a sign of undisclosed information or a cold sentiment.
