{"id":64429,"date":"2023-11-14T04:44:16","date_gmt":"2023-11-14T08:44:16","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=64429"},"modified":"2023-11-14T04:44:19","modified_gmt":"2023-11-14T08:44:19","slug":"whale-dumps-24m-xrp-amidst-fake-blackrock-etf-buzz","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/whale-dumps-24m-xrp-amidst-fake-blackrock-etf-buzz\/","title":{"rendered":"Whale Dumps 24M XRP Amidst Fake BlackRock ETF Buzz"},"content":{"rendered":"\n

Amidst the price volatility of XRP, market data reveals colossal whale transfers associated with the illegitimate BlackRock ETF.<\/a><\/p>\n\n\n\n

\"\"
Whale Dumps 24M XRP Amidst Fake BlackRock ETF Buzz<\/figcaption><\/figure>\n\n\n\n

Whale Alert, a platform for monitoring cryptocurrencies, has just disclosed information demonstrating massive whale transfers involving the XRP token as of today, November 14. <\/p>\n\n\n\n

Cryptocurrency investors and traders were mesmerized by the whale transaction, as the token unexpectedly ignited a commotion in the broader crypto markets.<\/p>\n\n\n\n

XRP, a cryptocurrency backed by Ripple Labs, \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>is once again generating considerable interest in the cryptocurrency community due to its volatile price fluctuations resulting from rumors of a fake spot ETF and preparations for the discovery of remedies and briefings regarding the Ripple and US SEC litigation.<\/p>\n\n\n\n

Whale XRP Transfer to CEX<\/h2>\n\n\n\n

An unidentified wallet, r4wf7enWPx\u20265XgwHh4Rzn, reportedly transferred 24 million XRP to Bitstamp, a Luxembourg City-based digital asset exchange, as disclosed by Whale Alert. <\/p>\n\n\n\n

The value of the transferred tokens at the time of writing was $15.61 million. A possible indication of a sell-off is the transfer of coins to CEX, given the increase in the quantity of tokens in circulation.<\/p>\n\n\n\n

As reported, the wallet in question has garnered the attention of numerous cryptocurrency enthusiasts due to its handling of enormous quantities of XRP thus far.<\/p>\n\n\n\n

In addition, the price increased by 15% shortly after the whale transferred coins to Bitstamp,<\/use><\/svg><\/span><\/a> demonstrating an atypical consequence of token deposits to exchanges. <\/p>\n\n\n\n

It was discovered that this respective price increase was associated with a bogus spot XRP ETF sponsored by BlackRock that appeared on the registration website for investment trusts in Delaware.<\/p>\n\n\n\n

XRP Price Fluct: Complete Information<\/h3>\n\n\n\n

At the time of writing, the price of XRP has increased marginally by 1.85% in the preceding twenty-four hours, reaching $0.6645. <\/p>\n\n\n\n

Nevertheless, according to market statistics, the price has declined 3.99% over the previous week. In addition, the trading volume increased by an astounding 221.99% at the time of writing.<\/p>\n\n\n\n

The price fluctuations mentioned above correspond with the recent declarations made by Blackrock and Judge Torres regarding the Ripple lawsuit's <\/a>remedies discovery and briefing, as well as the fraudulent filing of the token's trust on Delaware's investment trusts registration website.<\/p>\n","protected":false},"excerpt":{"rendered":"

Amidst the price volatility of XRP, market data reveals colossal whale transfers associated with the illegitimate BlackRock ETF. Whale Alert, a platform for monitoring cryptocurrencies, has just disclosed information demonstrating massive whale transfers involving the XRP token as of today, November 14. Cryptocurrency investors and traders were mesmerized by the whale transaction, as the token […]<\/p>\n","protected":false},"author":53,"featured_media":64432,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[6748,5599,5607],"class_list":["post-64429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-blackrock-2","tag-etf-2","tag-xrp-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/XRP-1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/64429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=64429"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/64429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/64432"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=64429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=64429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=64429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}