Insider knowledge?

The last week Ripple or XRP has been moving up 80 %. Onchain data shows that whales having more than 1 million XRP in their wallets, have been buying Ripple in massive amounts. Over 500 million dollars worth of XRP has been bought by the whales. While smaller accounts have been taking profits.

https://img.inleo.io/DQmdGUM4HkREQDBe1EgLuVw2CUsh73LoGhY1ZyUf1MSmiJ5/IMG_0545.webp

This is all happening because there is a chance that Donald Trump will change the head of the Security and Exchange Commission, Gary Gensler, whom was extremely strict, especially for Ripple. That optimism alone is fuelling this surge? For me, that sounds a little sketchy. I believe there are whales with more information, call it insider trading or insider information, or whatever you want. The rumours alone can’t be enough to cause a buying frenzy of over 500 million dollars in just one altcoin. There must be more than just this…

https://img.inleo.io/DQmTWTvS8kzaEeaCNzbUy9XTMzBChzj7MYX4Wt2t8YA91Mj/IMG_0546.webp

DonAlt even predicts a rise of Ripple to 6.90 USD in the altcoin season. I don’t like Ripple but this is really very bullish, and this put with the actions of the whales makes me think of buying a small stake of Ripple…

No financial advice, but just a brain fart!

Sincerely,

Pele23

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