🚨 XRP RIPPLE MAJOR ANNOUNCEMENT | WHALES ARE ACCUMULATING XRP FASTER THAN EVER | XRP PRICE $1 !! ✅

🚨 XRP RIPPLE MAJOR ANNOUNCEMENT | WHALES ARE ACCUMULATING XRP FASTER THAN EVER | XRP PRICE $1 !! ✅

🚨 XRP big bag holders with holdings of 1 million to 10 million XRP have been rapidly accumulating and major announcements from Ripple is coming soon !! πŸ”₯

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πŸ‘‡ What are we going to talk about in today's XRP video?

⏰ CHAPTERS:

0:00 XRP News Today
1:11 XRP big bag holders with holdings of 1 million to 10 million XRP have been rapidly accumulating
2:10 XRP community anticipate a major announcement from Ripple in the coming days
2:36 2023 has the potential to be a bullish year for XRP
3:27 what is preventing Ripple from releasing Hinman's documents?
6:01 John E. Deaton called Vitalik Buterin's latest comments on XRP "intentional nonsense."
8:10 Ripple and Moneygram partnership
9:44 Conclusions

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Attorney Deaton has explained what’s stopping Ripple from releasing the drafts of Hinman’s 2018 controversial speech. Moreover, Ripple and SEC have filed a joint motion asking the court to extend the time to file redacted docs in the XRP lawsuit. Whereas, XRP whales and sharks are rapidly accumulating as the year ends, We will also be looking at the newly launched remittance solution by MoneyGram in Brazil with the help of Ripple partner. Down to the big question of the day, ‘Is Deaton right to have said that the Ethereum co-founder lacks ‘emotional maturity’?

Santiment said in a tweet yesterday that XRP big bag holders with holdings of 1 million to 10 million XRP have been rapidly accumulating.
According to Santiment, there are now 1,617 addresses in this category, accounting for 7.2% of the XRP supply. According to the crypto analytics firm, these XRP sharks and whales have set new highs in terms of the sheer number of addresses they control as well as the percentage of supply they control.

As previously reported by The Crypto Basic, whales have moved large volumes of the token in the last week totalling over 1 billion XRP. However, as the report details, the majority of these transactions involved exchanges.

Santiment makes no mention of the reason for the recent accumulation. However, accumulation is generally bullish in the crypto markets, implying that these big bag holders expect the asset price to rise in the short term. As a result, a price increase usually follows whale accumulation.
It is worth noting that some members of the XRP community anticipate a major announcement from Ripple in the coming days. These speculations are fuelled by comments made by Ripple's chief technology officer, David Schwartz, in response to Charles Hoskinson's attack on XRP.

Schwartz hinted that Hoskinson might change his mind in a few days, leading some to speculate that Ripple is planning a big announcement.
Meanwhile, regardless of market conditions, 2023 has the potential to be a bullish year for XRP. This is because analysts such as James K. Filan anticipate a ruling in the US Securities and Exchange Commission case against Ripple in Q1 2023. A favourable ruling for Ripple could allow XRP to re-enter US markets.

Ripple announced in October that the SEC had handed over drafts of William Hinman's 2018 controversial speech, and the XRP community has been patiently waiting for the blockchain company to release the documents. Despite having the drafts of Hinman's 2018 speech for nearly two months, Ripple has yet to release the document.

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