Ripple News: CTO Weighs In As $237M Transfer Fuels Speculations

Ripple Acquires Hidden Road for $1.25 Billion - Blockchain & Cryptocurrencies Tabloid

Ripple's $1.25B acquisition of Hidden Road aims for broader crypto integration. The post Ripple Acquires Hidden Road for $1.25 Billion appeared first on Blockchain & Cryptocurrencies Tabloid.

Ripple News: CTO Weighs In As $237M Transfer Fuels Speculations

The post Ripple News: CTO Weighs In As $237M Transfer Fuels Speculations appeared on BitcoinEthereumNews.com. Over the past 24 hours, Ripple’s native crypto, XRP faced unusual on‐chain activity while its price remained relatively steady. Data from Whale Alert showed about 237.45 million coins moved between wallets in that period. Despite this large shuffle, XRP price was trading around $2.4 as of this writing, roughly up by 4% on the day. The to…

Ripple CTO Schwartz Questions $567 Million XRP Purchase. Here's What Happened

A recent transaction of 237 million XRP worth approximately $567 million has triggered widespread discussion within the cryptocurrency community. The transfer was first flagged by blockchain tracker Whale Alert and quickly went viral across social media platforms. Initial assumptions suggested that the transfer represented a massive purchase by a high-net-worth individual or entity, often referred to as a “whale.” Given the transaction’s size, m…

Ripple CTO Dismisses $237M XRP Buy Theory Amid Manipulation Claims - Invest In Crypto News

A massive $237 million XRP transfer reported by Whale Alert caused a stir in the crypto community, with many speculating that a major whale had just bought a huge amount of XRP. But according to Ripple’s CTO David Schwartz, that’s probably not the case. Instead, Schwartz believes the large transaction was just an exchange withdrawal – not a fresh buy. Still, the buzz has raised fresh questions about XRP’s price movement and how transparent the m…

Ripple CTO Dismisses $237M XRP Buy Theory Amid Manipulation Claims

But according to Ripple’s CTO David Schwartz, that’s probably not the case. Instead, Schwartz believes the large transaction was just an exchange withdrawal …

Ripple CTO Dismisses Claims of $237M XRP Whale Purchase

Whale Alert, a well-known blockchain tracker, recently flagged a massive transaction involving $237 million worth of XRP. The transfer took place approximately 16 hours ago, drawing widespread attention from the crypto community. Although the size of the transaction suggested a possible large-scale purchase, Ripple’s Chief Technology Officer David Schwartz has dismissed this notion. Community Questions Market Reaction Shortly after Whale Alert p…