๐ Whale Watch: 26.9M XRP Headed to Exchange โ What's the Play?
๐จ A massive 26,896,993 XRP (approx. $57.7M) has just been transferred from an unknown wallet to a C exchange โ sparking speculation of a potential sell-off, liquidity injection, or strategic institutional move.
๐ Why it matters:
Large-scale transfers like this often precede volatility โ either a price dip if offloaded, or a bullish move if used for liquidity or staking.
Could signal behind-the-scenes positioning before big announcements.
๐ At time of transfer: XRP was trading around $2.15
๐น Key levels to watch: $2.10 (support) | $2.20โ$2.35 (resistance)
๐ฏ If there's no immediate dump and we see continued accumulation, this could hint at short-term bullish momentum.
๐ข One thingโs for sure: whales donโt move millions for fun. Eyes on the chart. ๐๏ธ