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[Josemendez]

With the surge in the price of Ripple's xrp , a total of 110 million xrp were moved by both major and minor exchange sites .

Whale alert discloses that Binance shifted 20 million coins to Huobi while Bitfinex pushed 20 million XRP to Kraken.
The price of xrp at this time was seen to be at $1.96.

Could these exchanges on verge of selling off their long holdl of xrp ? ,
It was also gathered that there were massive xrp /usdt trade in Binance in the last 24 hours.

 

[Niftyicon]

I also hope this is not going to be a massive sell off by whales who think it is time to take profits. The next few days will surely shed more light on that.

 

[Josemendez]

I also hope this is not going to be a massive sell off by whales who think it is time to take profits. The next few days will surely shed more light on that.

Well , xrp has really been very strong presently and this can be attributed to the fact that it has strong supporters ,who are ready to invest more in the coin .

 

[Wisdom01]

Many might be selling the coin,and maybe thats the reason the price fell for now. , i hope the price increases more and those who havent sell off completely make profit

 

[Niftyicon]

Well , xrp has really been very strong presently and this can be attributed to the fact that it has strong supporters ,who are ready to invest more in the coin .

You are right and just like bitcoin many are also waiting patiently for a dip to make their investments in the coin. I hope the good trend continues for ripple.

 

[Wisdom01]

You are right and just like bitcoin many are also waiting patiently for a dip to make their investments in the coin. I hope the good trend continues for ripple.

It would continue , the whales msy just be transferring on different exchange platform. Because its not good to keep all your asset in one investment site just insane it got hacked

 

[Josemendez]

You are right and just like bitcoin many are also waiting patiently for a dip to make their investments in the coin. I hope the good trend continues for ripple.

Well , I doubt if Bitcoin can have a dip any moment from now ,because it has started a bullish run and can go as far as $70,000 before correcting

 

[Wisdom01]

Well , I doubt if Bitcoin can have a dip any moment from now ,because it has started a bullish run and can go as far as $70,000 before correcting

The interesting part is that the bullish price might take coin to $100k without correcting,when there are much whales who ate buying rapidly

 

[Josemendez]

The interesting part is that the bullish price might take coin to $100k without correcting,when there are much whales who ate buying rapidly

Yeah . Bitcoin has been stagnant or perhaps fluctuating downtrend . Now is time for us to witness yet another rise in the price of this coin .

 

[Wisdom01]

Yeah . Bitcoin has been stagnant or perhaps fluctuating downtrend . Now is time for us to witness yet another rise in the price of this coin .

I think it have been stagnant and tgose uptrend we usually see when it was $20k , doesn't happen like use to again

 

[Josemendez]

I think it have been stagnant and tgose uptrend we usually see when it was $20k , doesn't happen like use to again

It is too early to jump into this conclusion because Bitcoin still have time to prove that it is a the boss of all cryptocurrency .

 

[Wisdom01]

It is too early to jump into this conclusion because Bitcoin still have time to prove that it is a the boss of all cryptocurrency .

Okay lets see because it have been moving back and forth in the past weeks , and i noticed that whales are needed to push the price up

 

[Josemendez]

Okay lets see because it have been moving back and forth in the past weeks , and i noticed that whales are needed to push the price up

Whales do not necessarily need to buy more bitcoin , if they can holdl their bitcoin without selling them for long , the price will surely rise

 

[LutherKing]

It is still below $50k z until it breaches the target , we are going to see as the lower limit of $59k max to be honest in my opinion for some months

 

[achawaskey]

The reason for the movement of so much amount of xrp is not stated and I believe those crypto exchanges knows the behind the movement, time will tell.

 

[SCAMEXPOSER]

Sometimes movement from exchange plaforms could be associated to selling their accumulated coins that they have made significant profit from.

 

[BullyMaguire]

That's a bit... I don't know, early? We're not even at bullish yet and it can rise bit more. I guess they're anticipating something we don't know

 

[SCAMEXPOSER]

I don't think huge movement like this usually affect the price of a coin but possibly the coins are move for security reasons in my opinion.