Ripple whale strikes, 132 million XRP transferred, what's going on?
Recently, someone discovered on the blockchain that a Ripple whale made a big move, transferring 60 million XRP, totaling 132.2 million USD. However, both the sender and receiver's wallets are hidden, and it's unclear who they are. This has piqued everyone's curiosity about the reason behind this transaction.
What is the Ripple whale up to?
Some analysts believe this could be a quiet over-the-counter (OTC) transaction, which is why the market has been relatively quiet. Others think it might be a big player (whale) adjusting their holdings.
What’s next for XRP?
Brett, a well-known analyst in the crypto space, who used to share his views on X (formerly Twitter), stated that XRP recently broke through a symmetrical triangle pattern. He advised everyone to remain optimistic despite the recent sluggishness. "Surviving in XRP's bear market is the real challenge," Brett said, "Don't let this bull market scare you away." Brett's technical analysis indicates that if the upward momentum prevails, XRP could potentially soar high. He mentioned that the 3.62 to 4.3 USD range is a critical level; if it breaks through, it may reach 5.73 USD, which would be impressive.
Everyone in the market is watching this transaction closely; if this money circulates again or is used in a major deal, there could be some small fluctuations in the market. However, if it's an OTC transaction, it would likely have little impact.
As for the upcoming layout direction, I will guide everyone to aim for high-profit opportunities in altcoins, especially those with significant potential, where a tenfold return is very possible. If you want to make big money in this bull market, like and leave a message, and I will help you position yourself for the entire bull market!
