Topic: 25 Million XRP Head to Bistamp From Ripple Whale Wallet - page 2. (Read 158 times)
Wow, more than $ 5 million is a huge amount, hopefully it's not true it's a market panic. Let's wait for clear confirmation from the Ripple that they might have an explanation for this
25 Million is a huge amount, it looks like some whale gets in a panic with this market crash and is ready for selling. If ripple price start crashing then he is selling them. So, Ripple holders should keep an eye on this whale... $5M can crash ripple in a couple of minutes.
I don't think they in a panic mode, perhaps just positioning themselves again to cash out if the market recovered in the next coming days. Besides, this centralised coins could really be manipulated by their whales anytime they want, unlike bitcoin. And @joksim299 have said, they are known by this kind of shady move, so to speak.
That's right. Nothing new from this project. But we don't know why they are doing this kind of manipulation. Are they really selling off or just planning for other things? This is the reason why you can't trust centralized coins, as they have the control of what's need to be done in their market.
25 Million is a huge amount, it looks like some whale gets in a panic with this market crash and is ready for selling. If ripple price start crashing then he is selling them. So, Ripple holders should keep an eye on this whale... $5M can crash ripple in a couple of minutes.
I don't think they in a panic mode, perhaps just positioning themselves again to cash out if the market recovered in the next coming days. Besides, this centralised coins could really be manipulated by their whales anytime they want, unlike bitcoin. And @joksim299 have said, they are known by this kind of shady move, so to speak.
The recent market sell-off may not affect only stocks and Bitcoin (BTC). Apparently, XRP whales are also looking for a fiat position, as one wallet moves 24.95 million tokens to a crypto exchange.
https://bitcoinist.com/25-million-xrp-head-to-bistamp-from-ripple-whale-wallet/
The whale is also trying to create a backup amount for himself. It looks like people have already started to be panic caused by the pandemic that disrupts the global economy. The ripple company is also trying to take the fiat position too by liquidating the pre-mined coin every month. This will not actually give an impact on the bitcoin but that will give a huge impact on the ripple market. https://bitcoinist.com/25-million-xrp-head-to-bistamp-from-ripple-whale-wallet/
Just hope more whales will dump his ripple for fiat or another coin like bitcoin lol he was taking the right decision.
25 Million is a huge amount, it looks like some whale gets in a panic with this market crash and is ready for selling. If ripple price start crashing then he is selling them. So, Ripple holders should keep an eye on this whale... $5M can crash ripple in a couple of minutes.
The recent market sell-off may not affect only stocks and Bitcoin (BTC). Apparently, XRP whales are also looking for a fiat position, as one wallet moves 24.95 million tokens to a crypto exchange.
https://bitcoinist.com/25-million-xrp-head-to-bistamp-from-ripple-whale-wallet/
https://bitcoinist.com/25-million-xrp-head-to-bistamp-from-ripple-whale-wallet/
Ripple is know for doing this.
The recent market sell-off may not affect only stocks and Bitcoin (BTC). Apparently, XRP whales are also looking for a fiat position, as one wallet moves 24.95 million tokens to a crypto exchange.
https://bitcoinist.com/25-million-xrp-head-to-bistamp-from-ripple-whale-wallet/
https://bitcoinist.com/25-million-xrp-head-to-bistamp-from-ripple-whale-wallet/
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