25 Million XRP Head to Bistamp From Ripple Whale Wallet

[whiteblue]

investors panicked because the crypto market turned red in the past two days, not only the XRP whales panicked, but almost all the big investors sold their assets. just look at the price movement is still a very significant decline because of the viruscorona outbreak.

[matchi2011]

investors panicked because the crypto market turned red in the past two days, not only the XRP whales panicked, but almost all the big investors sold their assets. just look at the price movement is still a very significant decline because of the viruscorona outbreak.

We don't know now if what's the real reason behind this massive downfall, everything is falling not only bitcoin but also those major alts behind
this industry. Many investors are panicking and doing cut loss to avoid further damages to their assets.
xrp is following the market movements and whoever holding this wallet seems that its also doing the same.

[TopT3ns]

investors panicked because the crypto market turned red in the past two days, not only the XRP whales panicked, but almost all the big investors sold their assets. just look at the price movement is still a very significant decline because of the viruscorona outbreak.

I hope this Corona virus can quickly get the vaccine and its medicine because if the virus spreads more widely then it is certain that the world economy will increasingly fall and many companies and even many markets will collapse because many people will withdraw money.

[antsam]

Wow, more than $ 5 million is a huge amount, hopefully it's not true it's a market panic. Let's wait for clear confirmation from the Ripple that they might have an explanation for this

Not the first time they do that so  i am not surpise any more if that things happen.

It will affect the market yes, but it will also help xrp to increase his daily volume, is it related to corona ?
Possible if the owner is from a country that belong to those who have suspected increasing count of covin affected .

With the current state of the market and the issue of corona sales in such large numbers is very sensitive to the market. Moreover, many people are selling their assets to get cash now, so I don't think the time is right.

[TheClownSong]

The recent market sell-off may not affect only stocks and Bitcoin (BTC). Apparently, XRP whales are also looking for a fiat position, as one wallet moves 24.95 million tokens to a crypto exchange.

https://bitcoinist.com/25-million-xrp-head-to-bistamp-from-ripple-whale-wallet/

When the price of bitcoin dropped, many investors began to worry and panic, I think this is normal because they are more concerned with the value of their portfolio to survive. In addition, some investors prefer to sell because they might want to transfer their assets to other, more profitable coins

[cahbagus555]

The recent market sell-off may not affect only stocks and Bitcoin (BTC). Apparently, XRP whales are also looking for a fiat position, as one wallet moves 24.95 million tokens to a crypto exchange.

https://bitcoinist.com/25-million-xrp-head-to-bistamp-from-ripple-whale-wallet/

It may be that investors who sell large quantities of XRP want to liquidate their assets amid falling prices and are afraid that XRP prices will fall deeper. The impact of the coronavirus has affected the world economy and by taking a fiat position, investors in my opinion would prefer to wait and see

[antsam]

At least if ripple is still having very big liquidity and that's nothing for the market to make the developer can make more money and dump this coin. Lol that sucks to see that the team behind ripple company will always be dumping ripple every month for the next years. This is just the beginning about how ripple will try to disrupt the market with all of the pre mined coins that already unlocked and started to be sent to the market.

Yes, we can see it doesn't seem to affect the market, Ripple prices are still following other crypto price ripples. Hopefully the Ripple in the future can choose the right time to release some of his coins to take fresh funds so as not to cause alarm