Crypto Researcher Warns XRP Holders: This Information Was Concealed From You
Massive XRP Accumulation: Crypto researcher Ripple Bull Winkle revealed that Evernorth Holdings quietly purchased $214 million worth of XRP, accumulating over 473 million tokens, indicating a strategic move rather than market speculation.
Strategic Timing: The accumulation is seen as a preemptive positioning before significant developments, such as upcoming ETFs, suggesting a deliberate transfer of power within the XRP ecosystem.
Evernorth's Role: Evernorth, a Ripple-backed treasury vehicle, aims to build a long-term XRP treasury and is set to go public through a SPAC merger, highlighting strong institutional backing and confidence in XRP's future.
Implications for XRP Holders: The actions of Evernorth may tighten XRP supply in the market, potentially increasing prices, and serve as a warning to retail holders about the strategic positioning that could influence XRP's next cycle.
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