Analyst Predicts Canary Capital’s $250M XRP Purchase Spree—Is This the Next Big Crypto Move?
Ripple's XRP could see a seismic shift as whispers of a quarter-billion-dollar buy order hit the market. Canary Capital—known for aggressive plays—might trigger a liquidity tsunami tomorrow.
Why XRP? The embattled token's regulatory clarity makes it a prime target for institutional gambits. But skeptics warn: 'This reeks of another hedge fund pumping bags before dumping.'
Market makers are already adjusting order books. If executed, this trade would swallow 5% of XRP's circulating supply in one gulp—classic whale behavior.
One thing's certain: crypto never sleeps, and neither do the sharks circling its waters.
The debut of the Canary Capital XRP ETF (XRPC) has triggered fresh speculation across the XRP community. Some analysts are now discussing how much XRP the issuer may need to purchase following the fund’s massive first-day inflows.
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