Ripple Move 230 Million XRP Wey Value $498M, Cause Market Gist and Trader Dey Careful
Ripple do one big transfer of 230 million XRP, wey dey worth around $498 million, from one wallet wey dem link to di company go one unknown wallet, na so Whale Alert report am. Dis big XRP transaction quick catch di eye of crypto traders, make dem dey talk plenty about wetin Ripple fit dey plan, like if dem wan sell am later, rearrange demsef inside, or just keep am. Nobody from Ripple or di address wey receive am don give any official talk, so analysts and traders just dey argue about wetin di tin fit mean. Before, when Ripple dey transfer big big XRP from dem wallet, e dey sometimes cause price to go up and down, and traders mind go change. Even though dis transfer big and plenty XRP enter Binance, di price of XRP remain stable around $2.19, wey mean say di supply and demand balance well well, and e no disturb di market much. Di event don show say na very important to make transactions clear, so investors go trust, especially for big coins like XRP wey dem dey trade well well. Until Ripple explain why dem transfer am, people fit still dey confused, so traders go dey watch am well well for any future price change or anything new wey go happen for inside Ripple network.
Neutral
Even as dem transfer 230 million XRP wey join body with Ripple, and analysts plus traders don dey eye am well-well, XRP market no shake for price or make any big move. Latest data for blockchain show say more money dey enter exchanges, but XRP price still stable, meaning say wetin dem get and wetin dem need dey balanced. Ripple or who dem send am to never talk anything official, so market still dey confuse. But since no clear sign of people rushing to buy or sell, no strong signal say market go go up or down quick. Traders suppose dey careful, because if dem release new info or another big money move happen, market go fit change mind fast.