XRP Plunges 14% After $175M Hits Exchanges from Ripple Co-Founder's Wallet
$XRP
Plunges 14% After $175M Hits Exchanges from Ripple Co-Founder's Wallet
My Thoughts on XRPâs Wild Ride and Whatâs Driving It What a week for #XRP ! Iâve been glued to the charts as XRP soared to $3.60âits highest since 2021âonly to pull back hard to around $3. The price swings were intense, but what really grabbed my attention was the massive movement of 50 million XRP, worth ~$175M, from a wallet linked to Ripple co-founder Chris Larsen between July 17-24. Hereâs the kicker: ~$140M of that XRP landed on centralized exchanges. Moves like that often scream potential sell-off, and itâs no surprise the market felt the heat, with XRP dropping over 14% this week. Still, Iâm staying bullish. That $6 target is still in sight for many of us traders, but these whale moves are a reminder of how big players can rattle the market just when things get exciting. What do you thinkâwill XRP shake this off and keep climbing? #Crypto #Ripple
This is the right time to #Invest or #Trade in $XRP ? đ€.
Comment đ below and say your opinion .
Plunges 14% After $175M Hits Exchanges from Ripple Co-Founder's Wallet
My Thoughts on XRPâs Wild Ride and Whatâs Driving It What a week for #XRP ! Iâve been glued to the charts as XRP soared to $3.60âits highest since 2021âonly to pull back hard to around $3. The price swings were intense, but what really grabbed my attention was the massive movement of 50 million XRP, worth ~$175M, from a wallet linked to Ripple co-founder Chris Larsen between July 17-24. Hereâs the kicker: ~$140M of that XRP landed on centralized exchanges. Moves like that often scream potential sell-off, and itâs no surprise the market felt the heat, with XRP dropping over 14% this week. Still, Iâm staying bullish. That $6 target is still in sight for many of us traders, but these whale moves are a reminder of how big players can rattle the market just when things get exciting. What do you thinkâwill XRP shake this off and keep climbing? #Crypto #Ripple
This is the right time to #Invest or #Trade in $XRP ? đ€.
Comment đ below and say your opinion .
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XRP
2.8262
-5.36%