#CryptoMarketWatch

The XRP whale activity is heating up! A jaw-dropping 150,000,000 XRP—valued at $380,084,007—was suddenly transferred between unknown wallets, leaving the crypto community buzzing with speculation.

🔍 Whale Alert Reported:

“150,000,000 XRP ($380M) transferred from unknown wallet to unknown wallet.”

🧐 What’s Behind This Massive Move?

With both sender and receiver unidentified, analysts are weighing possible explanations:

⚡ OTC Trade? This could be an over-the-counter (OTC) transaction, executed privately outside exchanges.

🐋 Whale Reshuffling? A large XRP holder may be reorganizing funds.

📊 Recent Whale Transactions:

💰 March 6: 60M XRP ($155.9M) moved between unknown wallets.

💰 March 6: 30M XRP ($77.5M) transferred from Bybit to an unknown wallet.

💰 March 5: 95.25M XRP ($235.5M) shifted from OKX to an unknown wallet.

📉 XRP Price Action

• XRP dropped 6.92% in the last 24 hours, now at $2.33 📉.

• Down 20% from its recent high of $3.02 on Sunday.

• Key Resistance: A rebound could target $2.667 (SMA 50) and push toward $3 again.

• Key Support: If the decline continues, XRP could retest $2.

🤯 Crypto Summit Fallout

The much-anticipated Crypto Summit ended on a disappointing note for traders. Hopes of a U.S. Crypto Reserve including XRP, BTC, ETH, SOL, and ADA were dashed when David Sacks clarified that the mention was merely illustrative, not an actual commitment.

🔮 What’s next for XRP? Will whales spark a rally, or is a further drop incoming? Let us know your thoughts! 👇💬