#CryptoMarketWatch

XRP Whale Alert: $380M+ XRP Transferred in Minutes! 🚨

XRP whale activity is on the rise! A staggering 150,000,000 XRP—worth $380,084,007—was swiftly moved between unidentified 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 Transfer?

With both the sender and receiver undisclosed, analysts are exploring potential explanations:

⚡ OTC Trade? This could be a private over-the-counter (OTC) transaction happening off-exchange.

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

📊 Recent Whale Movements:

💰 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 Update

• XRP has dropped 6.92% in the last 24 hours, currently at $2.33.

• It’s down 20% from its recent high of $3.02 on Sunday.

• Key Resistance: If a rebound occurs, the next target could be $2.667 (SMA 50), aiming toward $3 again.

• Key Support: If the downward trend continues, XRP might retest the $2 level.

🤯 Crypto Summit Fallout

The much-anticipated Crypto Summit ended with a letdown for traders. Hopes of a U.S. Crypto Reserve, which could include XRP, BTC, ETH, SOL, and ADA, were dashed after David Sacks clarified that the mention was merely hypothetical, not an actual commitment.

🔮 What’s Next for XRP? Will whale activity lead to a rally, or is a further decline ahead? Share your thoughts below! 👇💬

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