Large amount of XRP sent

[Kariuki 0]

There is a report that there is a large number of xrp thats has been transferred from  bithub. this is from  south Korea, there is a number of consequences for that, the  data form xrp shos that the wallet receiving funds was activated in for its users, it seems its not an exchange itself, but this should be a huge alert, because this is a huge and big movement of funds.

 

[Uttom Deb 333]

It is definitely a good news that XRP coins have been released in the market and I hope to release a new one and get the currency in a better position.

[Sedy 670]

XRP is becoming a go to exchange due to it's low fees and ease of transfer . Due to this reason a huge amount of XRP are been exchanged,transferred, and traded at the moment of time. It is a good news for XRP collectors as the price may see a massive rise of all time. 

[Laboni 755]

2 hours ago, Uttom Deb said:

It is definitely a good news that XRP coins have been released in the market and I hope to release a new one and get the currency in a better position.

I think that sending a large amount of XRP would make it to the top of the market and increase the value of each currency, which is good for crypto. It will also deal with each currency.

[babaji 1228]

There are people with lots of crypto. Xrp has total circulating supply of 43 billion and total supply of around whopping 99bn. So it wont be very surprising to see someone or some whales with lots of crypto to transfer their coins around, however it an interesting event to note.

[pkrs 603]

Yes i have seen the news that around 240 million dollars of XRP is released into the market now but we have to see the price fluctuation if it rises from present situation we can expect a good price in future.

[Shahud 1319]

Sending large amout od any coin will cause in price down of the same coin.and this is thr strategy of thr some traders who are holding huge quantities of  cryptocurrency they just sell the cryptocurrencies just to make price down.once it get down again they will buy it 

[Shaza Ahmad 1682]

How did you get this information, my friend? It is really important information. I hope that you will add a way to get it

[Maxtron73 3269]

Yes there are many whales with large amounts of XRP in their wallets. It has quite a large market cap, so it is somewhat normal to see large transactions happening during the day.

[tienda 8776]

I think when those things happened for any coin that means there are good new of the coin in the future, so the Ripple XRP people  they dont need to panic this is a great news for Ripple XRP will definitely impact his value.  

[MohammadMohsin 569]

That's a really sad news to hear. I think it's been stolen by some hackers or scammers. I hope the company finds their xrp tokens soon. 

[Sunny kumar 41]

Yes this can be very much disturbing for lot of users and many negative thoughts would pop up in mind but stay cool and be calm as it is not going to take away your money or going to lowet the value. 

[bliznec 22268]

There are always cryptocurrency transactions in South Korea. This clearly affects ripple and other cryptocurrency assets. 

[CryptoMaxim 3829]

If this amount is intended for sales, then the price decline is inevitable. But perhaps the translation was made for other purposes.

[Roomi 1119]

On 1/23/2020 at 8:47 AM, Kariuki said:

There is a report that there is a large number of xrp thats has been transferred from  bithub. this is from  south Korea, there is a number of consequences for that, the  data form xrp shos that the wallet receiving funds was activated in for its users, it seems its not an exchange itself, but this should be a huge alert, because this is a huge and big movement of funds.

 

That is the crypto market or crypto world that called decenyralized world. You can just know that a transaction is being made but you can not know the purpose and person behind it. But due to this transfer information technical experts can know what is going to be happen with that specific coin 

[Jhadhasan 872]

In my view, the great popularity of the Ripple coin and the large amount of cash flowing in it will make for a bright future

[Armcannon 858]

On my opinion I think it happens because there is a investors wants to hold some xrp and hoping that he can make lots of profit from it in the future.i think it's not bad I think it's better if someone hold xrp then market supply will be lessen and if demand for xrp rise I'm sure it's price value will rise.

[Afrizal rahman 2636]

There is a large amount of Xrp sent, I did not know this. Will this have an impact on prices or how. What I know in Cryptorency transactions always occur. I didn't know about the Xrp that was sent in large quantities, but clearly I already knew from the information you provided.

[duncun007 3577]

i think whenever i see a huge amount of any coin being sent around it means some whale is about to dump all his money in the market and seems like its time for ripple to dump.

[suzuya 945]

This is really suspicious I hope that this kind of transactions is legal and really legit. I don't know if this can really affect the coin's price at the market or at least make some changes. Ripple is really good to use because of it's low transaction charge.

[Naga 1250]

23 hours ago, bliznec said:

There are always cryptocurrency transactions in South Korea. This clearly affects ripple and other cryptocurrency assets. 

i think it could be two things, either a whales that is going to start selling his coins but i dont think it could be becuase this is such a low price for ripple, second thing it could be an exchange moving coin around

[Kumar 260]

We should keep the note of that address to tract it as that could influence the price of a whole or it could be a normal movement but something might be cooking under xrp.

[bentayebsalah 2280]

There must be a secret formula prepared behind the scenes and care must be taken as this may be positive on xrp or negative

[BTC Future 3946]

I don't actually understand why XRP will be a good investment. I've covered the Ripple IPO rumours in one of my posts but I still don't think that their coin XRP is a good investment. I tried buying and holding some in a big dip back in 2018 only to see my investment down 10% in a matter of days. I instantly sold (that was at around 0,60$). I would actually have lost 60% after buying a huge dip. I seriously think that it's price can easily go bellow 0,10$ in 2020.

[Fattkidd 1852]

Maybe Xrp will gain value this year or lose but if having a huge fund being transfer there is a chance that they will pump the market which means there a chance they can control the price.