29,532,534 XRP STUNS CRYPTO Exchange Coinbase, what happens?
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important Xrp The movement captured the attention of the encryption community, as more than 29 million XRP turned to the main Queens Quebies for encryption, according to data from Whale Alert.
In a modern tweet, whale alert I mentioned “29,532,534 XRP has a value of 92,686,314 dollars from an unknown wallet to Coinbase.
One of the reasons why the symbols that are transferred to the exchanges are to sell, although this may not be the case in this scenario, with other reasons most likely.
Transport may aim to provide additional liquidity Coinbase. Exchanges often receive large flows from governor to ensure enough supply to increase trading sizes, especially during the volatile market periods or increased demand.
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This step can also be just a redistribution to the box, as XRP is redistributed for diversification. All that has been said, and the exact reason for this step is still unknown.
At the time of writing this report, XRP increased by 1.06 % in the last 24 hours to $ 3.13. Since January 16, the price has been widely united between $ 2.82 and $ 3.40.
The range has been narrowed in the past few days, which suggests that the main step may be on the horizon. In this scenario, it may target a constant violation over $ 3.4 dollars, while support in Daily SMA remains at $ 2.55 if the price decreases.
Ledger XRP sees an impressive growth
according to MissariThe last Q4 2024 report, XRP LEDGER has seen growth in all important measures, including NFTS.
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In Q4, total NFT transactions grew by 460 %, with increased NFT MINT, Burn 855 % and 1850 % consecutive transactions. Moreover, NFT has grown and accepted the display transactions by 80 % and 62 %, respectively, while NFT show transactions increased by 99 %.
As in Q4, 2023, and Q1, 2024, a significant rise in mint activity has caused NFTOKENMINT NFTOKENCAEATEOFFER as the most popular NFT type in Q4, 2024.
As of the conclusion of the Q4, approximately 7.5 million NFTS has been restored using the XLS-20 standard. It is worth noting that more than 3.4 million of these came in the fourth quarter, 2023.
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2025-01-26 13:20:00
