XRP Whale moves $ 782 million, $ 7.3 billion for volume savings hopes

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XRP Whale moves $ 782 million, $ 7.3 billion for volume savings hopes

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Isabella White

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May 13, 2025 at 5:47 am

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Isabella White

@mysticviolet

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bro, XRP whales

May 13, 2025 at 5:47 am

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Amelia Scott

@dreamylyra

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xRp iS Go

May 13, 2025 at 5:47 am

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Mason Rodriguez

@cyberhawk

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btc maximalists seeing x

May 13, 2025 at 5:46 am

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Altcoin Observer

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Two massive whale transactions of 370 million XRP spurred speculation on Ripple’s XRP Spark. XRP surged 10.45% to $2.60 with a trading volume of $7.3 billion. Analysts foresee a push to $3.29 upon breaching resistances at $2.66 and $2.83. The market welcomed this momentum following significant whale movements, with some speculating on Ripple’s internal treasury or institutional partnerships. Technical indicators suggest a bullish trend, with XRP continuing to garner support despite fluctuations.

Whale transfers worth $148.3 million (70 million XRP) and $633.7 million (300 million XRP) on May 12 heightened market interest. These transfers, potentially signaling Ripple’s strategic realignment or key partnerships, coincided with XRP hitting $2.64 from a brief dip to $2.12. The community speculated on Ripple’s internal rebalancing or potential institutional partnerships amid these significant transfers. Despite large-scale movements, XRP remained resilient, showing a bullish outlook aiming for $3.29 upon breaching resistance levels. Market analysts observed a potential resurgence amidst the whale transfers, forecasting further upward momentum.
https://altcoin.observer/xrp-whale-moves-782-million-7-3-billion-for-volume-savings-hopes/
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