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Unverified Claims of Large XRP Purchase Raise Market Doubts

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by Giorgi Kostiuk

15 hours ago


Recent speculations about a 900 million XRP purchase within 48 hours have drawn attention, but remain unverified by official sources.

Rumors of XRP Purchase

Rumors of a large XRP purchase claim that 900 million tokens were bought within two days. These claims emerged from social media discussions, but lack confirmation from Ripple or exchanges, raising doubts about their validity.

Silence from Ripple and Exchanges

Key Ripple figures, including CEO Brad Garlinghouse, have not confirmed the 900 million XRP accumulation. Leading exchanges such as Binance and Coinbase also remain silent, with no official announcements regarding major buying activity in recent days.

Market Prospects and Volatility

Market analysts suggest potential price targets for XRP between $3.27 and $3.60. These are speculative opinions, not rooted in concrete institutional buying data. Discussions of significant XRP accumulation may impact market perception but remain speculative without firm evidence or announcements from relevant parties.

Rumors of a large XRP purchase and potential impacts on price movements remain unverified. Continuous market observation is necessary to understand true dynamics.

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