A major ripple (pun intended) just hit the crypto waters.
📦 Over 16.8 million XRP — worth approximately $53.4 million — has been moved from an unknown wallet to Coinbase, according to Whale Alert. This sudden move by a major whale has sparked speculation across the XRP community.
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🔍 Why It Matters
Large transfers to exchanges often raise eyebrows. Such moves can indicate potential sell-offs, as whales look to cash out. However, not every transfer means panic — some whales simply shift assets for custody, liquidity access, or portfolio restructuring.
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📊 What’s Happening with the Market?
Despite the high-volume transfer, XRP has remained stable, hovering around $3.19, with only modest gains over the last 24 hours. This lack of panic suggests that the market is either unbothered — or waiting for a bigger move.
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📈 Recent Whale Activity: A Growing Pattern?
This isn't an isolated case:
On July 25, more than 35 million XRP (≈ $108M) was moved between wallets.
Analysts observed that over 130M XRP was bought up during price dips on the same day.
This signals that whales are not just selling — they’re also accumulating.
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👁️ What Traders Should Watch:
1. Support Level at $3.19 – A drop below could trigger further declines.
2. Exchange Inflows – Rising XRP balances on exchanges often hint at upcoming sell pressure.
3. On-Chain Whale Movements – More transfers could expose whether this is distribution or strategic repositioning.
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🧠 My Take:
This 16.8M XRP deposit might be a precursor to a sell-off — or simply part of a broader strategy. One thing is certain: whales are moving, and the smart money is in motion.
Whether this move spells short-term volatility or long-term positioning, XRP is at a critical crossroads. The coming days may reveal whether we're heading for a dip — or gearing up for a breakout.
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✅ Quick Recap (TL;DR):
🐋 16.8M XRP (~$53M) sent to Coinbase from an unknown wallet
The BNB/USDC pair is showing strong bullish momentum as it climbs to $796.52, reflecting a solid +1.93% daily gain. With the price up over 8.95% this week and 23.33% over the past month, traders are watching closely for a potential breakout.
📈 Key Highlights from the Chart:
24h High: $799.73
24h Low: $778.84
Volume (24h): 25.05M USDC
Trend Strength: Strong upward recovery from a recent dip near $743.36
Current Resistance: Around $799–$810
Support Level: $784 and below
🔍 Market Sentiment:
The sentiment is leaning bullish, with 56.56% of orders on the sell side vs 43.44% on the buy side, suggesting potential profit-taking at this resistance level. However, volume remains healthy and steady, giving confidence to buyers.
🔄 Technical Overview:
90-day performance: +32.07%
1-year gain: +37.64%
Momentum indicators (MACD, EMA) hint at a continuation of the bullish trend, but some short-term consolidation near the $800 mark could oc cur before the next leg up.
Trump Threatens More Tariffs as Cambodia–Thailand Conflict Escalates
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As violence between Cambodia and Thailand enters its third day, former U.S. President Donald Trump is stepping in — not with diplomacy, but with tariffs.
So far, over 33 people have died and more than 168,000 have been displaced due to the conflict. Trump has warned both nations that unless they halt the fighting, they’ll face even more economic penalties from the United States.
Speaking from Scotland, where he’s mixing golf with international pressure, Trump revealed on Truth Social that he’s already spoken to both countries' leaders. His message? “Ceasefire now, or forget about U.S. trade.”
Trade Talks on Hold
In his post, Trump said, “Both Parties are looking for an immediate Ceasefire and Peace. They are also looking to get back to the ‘Trading Table’ with the United States, which we think is inappropriate to do until such time as the fighting STOPS.”
He called Cambodian Prime Minister Hun Manet, urging him to end the war immediately, and warned that without peace, there would be no deals with the U.S. Trump then contacted Thailand’s acting PM Phumtham Wechayachai, who, according to Trump, also expressed a desire for an immediate ceasefire.
Despite his packed golf schedule at Turnberry Resort, Trump made time for both calls and posted updates saying he was “trying to simplify a complex situation.”
Deja Vu: India–Pakistan Playbook
Trump compared this situation to the India–Pakistan conflict earlier this year, where he claimed the U.S. pushed for peace by threatening trade deals. However, Indian officials denied that trade was ever discussed.
Now, Cambodia and Thailand are already in Trump's economic crosshairs. Just last week, he introduced a 36% tariff on exports from both countries, set to begin August 1. With no ceasefire in sight, Trump hinted that the economic fallout could soon get worse.
#TrumpCrypto Trump Threatens More Tariffs as Cambodia–Thailand Conflict Escalates
As violence between Cambodia and Thailand enters its third day, former U.S. President Donald Trump is stepping in — not with diplomacy, but with tariffs.
So far, over 33 people have died and more than 168,000 have been displaced due to the conflict. Trump has warned both nations that unless they halt the fighting, they’ll face even more economic penalties from the United States.
Speaking from Scotland, where he’s mixing golf with international pressure, Trump revealed on Truth Social that he’s already spoken to both countries' leaders. His message? “Ceasefire now, or forget about U.S. trade.”
Trade Talks on Hold
In his post, Trump said, “Both Parties are looking for an immediate Ceasefire and Peace. They are also looking to get back to the ‘Trading Table’ with the United States, which we think is inappropriate to do until such time as the fighting STOPS.”
He called Cambodian Prime Minister Hun Manet, urging him to end the war immediately, and warned that without peace, there would be no deals with the U.S. Trump then contacted Thailand’s acting PM Phumtham Wechayachai, who, according to Trump, also expressed a desire for an immediate ceasefire.
Despite his packed golf schedule at Turnberry Resort, Trump made time for both calls and posted updates saying he was “trying to simplify a complex situation.”
Deja Vu: India–Pakistan Playbook
Trump compared this situation to the India–Pakistan conflict earlier this year, where he claimed the U.S. pushed for peace by threatening trade deals. However, Indian officials denied that trade was ever discussed.
Now, Cambodia and Thailand are already in Trump's economic crosshairs. Just last week, he introduced a 36% tariff on exports from both countries, set to begin August 1. With no ceasefire in sight, Trump hinted that the economic fallout could soon get worse.