💰 A jaw-dropping 300M XRP (worth $629M) was just moved from an unknown wallet to Ripple, sparking buzz about a major strategic shift—possibly tied to institutional partnerships or liquidity changes.
📉 At press time, XRP trades at $2.11, down 1.39%. It's consolidating between $2.02–$2.45, a range respected since January. A drop below $2.02 could send XRP to $1.80, while a breakout above $2.45 opens the door to $2.95 resistance.
⚠️ The estimated leverage ratio rose to 0.232, showing traders are borrowing more in anticipation of a big move. But this also raises the risk of liquidations if support breaks, potentially causing a sharp drop.
📊 In the past day, $3.35M in longs were liquidated vs. just $1.13M in shorts, signaling bullish overexposure. Many of these liquidations occurred on Binance, Bybit, and OKX, often a sign of local tops or vulnerable support.
🐳 Whale-to-exchange flow increased by 0.43%, with 886 whale transactions, hinting that big players may be repositioning or preparing for Ripple-related announcements.
🚀 With rising leverage, elevated whale activity, and that massive 300M XRP transfer, the setup for an XRP breakout is building. But holding $2.02 support is key—lose it, and downside risk increases fast.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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