Upbit 19M XRP Shuffle Spark Whale Alert, Abi Na Internal
For August, crypto commentator John Squire report for X say one trader move 19 million XRP (≈$61 million) inside one Upbit transaction. Whale Alert yan note the transfer from Upbit address go unknown wallet, wey spark gists say big big XRP accumulation dey happen. The token climb small from $3.01 reach $3.15, peak around $3.11—6% gain since July. Later on-chain analysis confirm say the 19M XRP na only internal transfer between hot and cold wallets for liquidity and security, no be fresh buy. Even with the clarification, the matter show how whale alerts fit cause short-term market wahala. Technical indicators still dey supportive: XRP 200-day moving average dey rise, which show strong long-term momentum, but short-term trends dey mixed. Analysts predict say XRP fit touch $4 before year end, powered by falling US inflation, expected Fed rate cuts, strong Asian liquidity, and good regulatory outlook. For traders, this event show two lessons: whale alerts for big exchanges like Upbit fit affect market sentiment, and to check on-chain data be key to sabi real accumulation from normal internal transfers.
Neutral
The 19 M XRP transfer wey first make people think say market go rise, on-chain check show say na internal liquidity arrange e be, no be fresh buy. Dis clarification cool down steady buying pressure, so e net effect on trading activity na neutral. For short term, whale alerts for exchanges like Upbit fit cause quick price waka as traders react to big buy wey dem dey see. Historically, similar internal transfers for big platforms don cause small wahala before price settle. For long term, XRP 200-day moving average dey rise, US inflation dey ease, Fed rate cut dey expected, plus strong Asian liquidity dey support gradual uptrend to $4. But traders suppose check on-chain data well to know real whale accumulation from regular exchange moves.