A Ripple whale moved 60 million XRP (worth about $132.2 million) between unknown wallets, sparking speculation. 1 Some think it was an over-the-counter (OTC) trade (less market impact), while others believe it was a large holder adjusting their portfolio. Analyst Brett notes XRP broke out of a symmetrical triangle pattern and sees potential for a rally to $5.73 if it breaks above the $3.62-$4.30 support range. The transaction's impact depends on whether the XRP re-enters the market or remains off exchanges.

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