BTCC
/
BTCC Square
/
CoindeskEN
/
Ripple Co-Founder’s Wallet Shocks Market: $175M XRP Dump Triggers 14% Price Plunge
Ripple Co-Founder’s Wallet Shocks Market: $175M XRP Dump Triggers 14% Price Plunge
22
3
Ripple's XRP just got rocked by a whale-sized sell-off—and the crypto crowd is scrambling.
The Drop Heard 'Round Crypto
A single wallet linked to a Ripple co-founder moved $175 million worth of XRP to exchanges. Minutes later? A 14% nosedive. Coincidence? Traders aren’t betting on it.
Whale Watching Turns Bloody
Large holders dumping tokens isn’t new—but timing it like a Wall Street insider? Classic. The move fuels fresh FUD about Ripple’s monthly escrow unlocks, even as the company claims it’s ‘routine operations.’
Crypto’s Trust Problem Strikes Again
Another day, another reminder that decentralized finance still dances to the whims of a few loaded wallets. But hey, at least the volatility keeps the leverage traders employed.
By:
Previous
OSL Group Secures $300M War Chest as Hong Kong Prepares to Unleash Stablecoin Rules
Next
Citi’s Bombshell Bitcoin Prediction: $135K Base Case, $199K if Bulls Run Wild in 2025
