100M XRP transfer sparks speculation amid bearish trends

Quick Summary:

Whale activity between two unknown wallets, linked to Ripple, has fueled speculation within the crypto community.

Liquidation data reveals that short positions suffered the most, with $399.16K rekt in the last 24 hours, compared to $299.59K in long liquidations.

The sending wallet, “rP4X2hTa7A,” has been closely linked to Ripple, having previously received significant amounts of XRP.

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Article Details

Author / Journalist: Olivia Stephanie

Category: Crypto

Markets: United States

Topics: News Trading View Ambcrypto Social News 1 Altcoin Ripple

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 10:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 578 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 22977285

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 21 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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