🚨 XRP Whale Alert: $380M+ Moved in Minutes! 🚨
The XRP whale activity is heating up! A staggering 150,000,000 XRP—worth over $380 million—was transferred between unknown wallets, sparking intense speculation across the crypto community.
🔍 What’s Behind This Massive Move?
With both sender and receiver unidentified, analysts are exploring possible reasons:
OTC Trade: This could be a private over-the-counter transaction, bypassing exchanges.
Whale Reshuffling: A major XRP holder might be reorganizing their holdings.
📊 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 trading 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.
- Key Support: If the decline continues, XRP could retest $2.
🤯 Crypto Summit Fallout
The highly 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 illustrative, not a commitment.
🔮 What’s Next for XRP?
Will whale activity spark a rally, or is a further drop on the horizon? Share your predictions below! 👇
