@Evil_Bender @hazlin @SK1ZM @StefanVonCarstein @grizzlywhisker @zeke @tyler @john_darksoul @BiggusDiccus @DC5FAN @Frondeur @HarryNuggets @PontiusG @arm_barbarian @verita84 @barrybestt
These numbers tell me that the exchanges play with the price by turning on and off the spigot 🚰 of XRP from their cold storage wallets too the open order books.
For the price too move up 5% with only 1.4 billion in purchases tells me that they have turned the spigot off.
One of these days there won’t be any more XRP in their storage wallets in order too maintain the price low, and we could be seeing that right now since ETFs are launching on the 13th.