Amazing movement was recorded for XRP, with 44.1 million icons, at a value of more than $ 97 million at the current market price, converted from the Turkish Exchango Paribu to an unknown port.
The sudden step, which was initially marked by the XRP investor known as XAIF on the x social media platform, comes amid an expected wave of Giga pump It is expected by technical analysts conflicting By declining upward feelings Surrounds the cryptocurrency.
44 million leave XRP Paribo to an unknown portfolio
On May 31, 2025, specifically 09:51 AM UTC, a deal that included 44,100,000 XRP was implemented on Professor XRP book. the The source was determined as Paribo, one of the most prominent cryptocurrency exchanges in Türkiye.
This makes the source more interesting, taking into account that it is not one of the most popular encryption exchange on Western basis. However, the distinctive symbols were transferred to the “RKEWG9” wallet address, which were not previously linked to any major exchange or guard.
Blockchain data confirms that the full amount has been successfully delivered, with a treatment fee of 0.00001 XRP only. As an XRP analyst also noted, this is probably a message from a giant investor, indicating a move.
This is because a large movement of encrypted symbols of the exchange platform is often a sign of long -term retaining that reduces the pressure pressure.
When large transfers are made such as this, they are often purchases by institutions or high -value individuals who put themselves before a greater price transformation. In a market where feeling can change quickly, Such movements carry psychological weight.
As expected, it caused some optimism between young owners, and the following expectations are whether they could be attracted More buyers expect a march.
XRP Giga Pump?
In addition to the building’s fire is a bold advertisement from the Amonyx market analyst, which recently moved to X to share a superior look at XRP. The analyst in particular indicated that XRP is on its way to printing the “Giga pump” in the long term.
The graph, which has shared a long -term symmetrical style of a triangle, indicates that XRP has finally exceeded a multi -year unification stage on the monthly monthly time frame, which dates back to 2018.
The similarity of this penetration with the outbreak of Bitcoin similar in 2016 is unambiguous. Consider the procedure of the subsequent bitcoin price at that time, the analyst Expect a similar step for XRP price.
The Amonyx scheme sets the target of the upper fibonacci extension above $ 27.16, with a more extreme resistance range of about $ 71.41, which means a high step of channels at the macro level. Both of these levels correspond to the FIB 1.618 and 1.902 extension levels, respectively. The path, if it is sustainable, will witness XRP competing with Ethereum and perhaps even Bitcoin in terms of market value.
At the time of this report, XRP was trading at $ 2.19, an increase of 1.33 % over the past 24 hours.
Distinctive image from Unsplash, tradingvief chart
Editing process For Bitcoinist, it is focused on providing accurate, accurate and non -biased content. We support strict resource standards, and each page is subject to a diligent review by our team of senior technology experts and experienced editors. This process guarantees the integrity of our content, importance and value of our readers.
