New XRP Wallets Accumulate 883M XRP In a Few Hours…

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Hey hey everybody economic ninja here am I economic ninja who’s looking at me all right we’re going to be talking about xrp we’re going to be talking about a new sort of uh a new grouping of wallets that just came into existence um it’s this story is out of the crypt basic it

Says massive xrp movement as new wallets accumulate 883 million xrp in a few hours and this just came out today real quick if anybody bought this I just need to do a little Public Service Announcement if anyone bought this set the one that has the blue I can’t even

Get it out the blue coin uh tonight the AMA the live AMA I’m just messing everything up is happening tonight so uh check your emails okay yeah I can’t even get it out oh well there’s a blue one in there the blue coin is the rarest you

Know this thing it’s got xrp on it anyway the uh the amas tonight go check your uh with me and divy Daddy and all that those guys uh from my mind’s spinning all right let’s talk about xrp all right here we go first I want you to understand something

When it comes to xrp xrp is a little different right now than Bitcoin well it’s a lot different uh but when to open a wallet you have to maintain 10 xrp on that wallet and even when you want to pull everything out you got to leave

Those 10 on there now at today’s price of you know 50 cents it’s worth five bucks do you really care no do I have a lot of xrp wallets out there yes and that’s just because because I’ve been around for a long time in well a long

Time only 2017 uh the start of 2017 when xrp was less than two cents um and but if you think about it that’s a lot of xrp just floating around on wallets you know just they’re sitting there they’re locked up in those wallets now there

Will be a day where I’m sure that the code will be Rewritten to where they’ll change it and it’s no longer 10 xrp as the value goes up but um it’s interesting as you track you know who is holding xrp P um where the concentration of the big wallets are you know the

Whales owning them and then watching these new wallets form it’s really interesting to watch now there’s been a lot of news uh because like Max Kaiser is railing against xrp that it’s going to go to zero um no it’s it’s just not going to happen you know it’s funny the

One thing Max doesn’t tell you is the banks are not going to want to use Bitcoin why it’s decentralized Banks don’t like decentralization they like stable things they like people they can threaten Sue jail you know what I mean and uh you move out to the desert yeah hey we’re

Going to go for a little long drive down a desert highway uh you know like Las Vegas and um you know Ripple fills that that need right there for the banks and right now there are you know I don’t hear about any uh companies in the mainstream working on putting Central

Bank digital currencies on top of Bitcoin to move them around I don’t see that and so that’s one thing that Max won’t tell you um is he probably a billionaire now yes did he buy a ton of Bitcoin early on yes do I wish I had

Bought back then yes but he’s a little Ecentric too and um hey I’ve own Bitcoin as well but I own xrp personally I’m not telling you what to do because I do see that this company Ripple Labs developing xrp which is totally separate than stock

And ripple um is going to be taking this mainstream with central banks around the world uh so this story has a lot of relevance because we’re seeing a huge accumulation of xrp in some new wallets in just a handful of hours so check out this story a series of recently

Activated xrp whale wallets have accumulated over 883 Million xrp worth an excess of $454 million within 4 hours trig triggering speculation among investors whale alert a leading crypto whale tracking platform highlighted the cluster of whale movements which occurred between 11 and 11:00 a.m. and 1500 UTC today on the 24th

And uh cuz I’m always bad with dates that’s just a couple of hours ago uh most of the transactions involved outflows from wallets associated with Dutch crypto exchange bit vario five 25 million xrp transfers the first transaction saw a transfer of 25 million xrp worth 12.9 million at the

Time um from a bit of Bravo wallet to a new xrp address at 11: a.m. or 11:03 UTC the fund movement was used to activate the recipient address as it marked its first transaction these are Big movements shortly after this initial transaction four more bit vvo wallet

Addresses transferred a series of 20 of four 25 million xrp transactions to new addresses at different intervals this brought the total amount xrp transferred across these 25 transactions to 125 million currently worth over $64 million interestingly an investigation by the Crypt basic found that four of the

Sending xrp wh addresses are also new wallet activated uh new wallets activated today however the activation date for one of them is December 8th of 2023 despite being around uh for over a month this address was also inactive until the recent transfer another interesting find is that the fact that

All the sending addresses received millions of xrp ranging from 198 million to over 223 million tokens from unknown addresses before they transferred out about or out the 25 million xrp this pattern suggests that the individual involved using the sending addresses to Route the funds other uh besides the 25

Million xrp transactions five more uh transfers involving over 100 million tokens occurred within the 2-hour time frame one of these transactions saw a transfer of 196 million xrp from a bit vava wallet at 1104 so bit vava’s got a lot going on with xrp right now the second transfer involved an outflow of

171 million xrp tokens the fourth involved 123 million xrp point being is that there’s a lot of movement going on with these new wallets and it’s interesting to watch this it’s also interesting when you get on uh block Explorer and or you look at the uh the xrp blockchain and

Looking at the concentration of wallets and how much uh certain wallets are accumulating xrp uh I believe that the future is bright for xrp now I’m not saying go out and buy it right now and expect it to go up Skyhigh tomorrow that’s always the wrong thing it’s always when you decide

All right I’m finally going to do it I’m going to buy and things go down you know look at uh I made an investment in salana a little while back even though it was 115 I said you know I’m going to wait for a pullback to 90 and I talked

To a buddy and he said I think I’m was going to go down to 85 and I’m like I think so too it might even go lower but 90 I’ll be happy with for my initial purchase and then my next purchase will be at $75 I know it sounds crazy you’re

Like ninja why would you buy things when they’re going down it’s because I believe in the long-term fundamentals of a project or an investment and so I make my initial investment and then I I weit in with it and then what I do is if there’s weakness depending on if they’re

Based off of fundamentals or if they’re just fud right now all these uh tokens are at not rock bottom prices but they’re much discounted prices over the last month because Bitcoin took a hit look it what everybody dreamed about happening just happened oh my gosh the ETF sold sell the news that’s what

Happened you don’t see it skyrocketing right now do I think Bitcoin is going to go up in the future heck yeah it will will it be worth a ton more than it is now yes do I think it’s also vulnerable to a crash yes just like what we’re seeing on now

It’s not crashing but it’s dipping down and right now altcoins dip a lot further on a percentage basis than Bitcoin when Bitcoin goes down into a little bit of a correction phase um it’s not in a correction phase right now but yeah I’m waiting with US dollars to buy more

Crypto on a pullback as I see that we’re doing this especially going into the havening um but right now my investments just you guys know are things like xrp and things like you know salana and stuff like that um again I want to remind you guys if anybody got this set

With the blue uh code I don’t want them to fall out but that one the blue code QR code look you could scan mine here scan it I don’t care scan it there’s xrp on it um you can go see the public address right there for the coin if you

Got the blue coin with the signed uh Co a the live AMA with me and the guys from um why am I blanking out right now they’re probably laughing their butts off at me the crypto guy Dy Daddy’s one of them all right look I’m out of it so my point

Me is this I’m excited about the xrp movement I’m excited about a pullback I’m going to be honest with you I’m hoping for a pullback into the 30 Cent range I know that sounds crazy but I want to buy more and so uh I’m really

Hoping for that I know a lot of you probably aren’t you’re like I just bought it but uh I do think that this is a multi-year I mean really the way I look at xrp is I’m looking at 5 10 years out um do I believe it’s going to be

Worth a lot more uh than it is now in a couple years yes but would I sell it nope I’ve got a number in my mind uh let me do this I love this what do you think xrp will be worth in 10 years from now

Put it down below I love to see the different thoughts um I’m not going to tell you mine but I’m going to I’m going to I’m going to put a little you know a little heart symbol next to the one I agree with let’s put that way all right

I hope you guys got something out of this thank you so much everyone that bought that coin and now that it’s over I can say this because that was the roughest thing ever selling these coins I just got to say this these these coins I have to say these are

Probably the coolest thing I’ve ever seen in my life I’m so excited to have been a part of the project um I bought a bunch myself and I can’t wait for a day where we have some certain comments that we bring out because you’ll see what’ll happen with

This the the Bitcoin one that we did is already selling for a lot more than we sold it for online so I can’t wait to see those go all right I have hope you have a great day the uh economic ninja is out oh one last thing if you have

Your crypto on a uh uh oh gosh what is it the uh exchanges please get it off if you don’t own your own private Keys you don’t own it so I I’ll put a link to treasure it’s a secure link it brings you it’s affiliate link I think I get

Like $20 from it um but it it goes directly to treasure you only want to use confirmed links in these things but store your stuff offline there’s other companies like Ledger I’m not a big fan of anymore there’s other uh wallets uh I like cold wallets um and then I like the

Treasure so and I like the uh the Model T the one with the touchscreen that’s the one that I like that’s the one that I use the most uh get your crypto off the exchanges learn how to do it and uh actually I’m going to be going over a

New course here pretty soon um and I think it’s pretty incredible for the price and if it is I’ll show you guys what it is it shows you how to do all of that and so if you don’t know how to get your crypto off of your off the exchange

You don’t want it locked up all the people that had coinbase exchanges got completely wrecked when the SEC came through and sued Ripple and coinbase like cowards uh seized it all and didn’t let anyone sell it and they missed out on a massive run up we’re talking like a

2 3x and now was really hard to watch people I had family members that just had a ton of money sitting in coinbase and they finally Let it Loose now at this price horrible I can’t believe it but those of us that had it on the exchange or off the exchange on a

Treasure we were able to sell it so don’t be that person go and store your stuff right all right have a great day the economic ninja is out