{"id":138814,"date":"2023-09-02T03:01:13","date_gmt":"2023-09-01T21:31:13","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=138814"},"modified":"2023-09-02T03:01:13","modified_gmt":"2023-09-01T21:31:13","slug":"another-ripple-crash-imminent-whale-moves-millions-of-xrp-to-korean-exchange-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/another-ripple-crash-imminent-whale-moves-millions-of-xrp-to-korean-exchange-crypto-news\/","title":{"rendered":"Another Ripple Crash Imminent? Whale Moves Millions of XRP to Korean Exchange &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The market has suddenly crashed today, resulting in billions worth of liquidated leveraged positions. This comes on the back of Bitcoin\u2019s price plunging toward $25K and many other cryptocurrencies following suit.<\/p>\n<p>Ripple\u2019s XRP has seemingly had it the worst. It\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/why-is-ripple-xrp-crashing-2-reasons-to-consider\/\" data-wpel-link=\"internal\">down over 15%<\/a> in the same period, and now it might even be in for more trouble.<\/p>\n<ul>\n<li>Ripple\u2019s XRP has crashed by more than 15% in the past 24 hours alone, leaving over $50 million worth of liquidated leverage positions, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/LiquidationData\" data-wpel-link=\"external\">according to data<\/a> from CoinGlass.<\/li>\n<li>But it seems that the altcoin might be in for more trouble.<\/li>\n<li>The well-known whale transaction tracking resource <em>Whale Alert <\/em>has flagged a massive transaction of 150 million XRP sent to the largest Korean exchange \u2013 Bithumb.<\/li>\n<\/ul>\n<figure id=\"attachment_267259\" aria-describedby=\"caption-attachment-267259\" style=\"width: 1179px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2023\/08\/xrp_tx_info_1808231.jpg\" data-wpel-link=\"internal\"><\/a><figcaption id=\"caption-attachment-267259\" class=\"wp-caption-text\">Source: Whale Alert<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<ul>\n<li>It\u2019s important to note that this doesn\u2019t necessarily mean that there\u2019s a crash incoming.<\/li>\n<li>However, more often than not, investors send their cryptocurrency to an exchange with the intention to sell rather than hold.<\/li>\n<li>This particular transaction saw the transfer of almost $80 million worth of XRP \u2013 a formidable amount.<\/li>\n<\/ul>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0;clear: both\">\n<div><span style=\"font-size:11px;color: gray\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>Binance Free $100 (Exclusive): <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/binancebanner\" data-wpel-link=\"internal\">Use this link<\/a> to register and receive $100 free and 10% off fees on Binance Futures first month<\/b> (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/buy-bitcoin-5-easy-steps\/\" data-wpel-link=\"internal\">terms<\/a>).<\/p>\n<p><b>PrimeXBT Special Offer: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/primexbt2\" data-wpel-link=\"internal\">Use this link<\/a> to register &amp; enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The market has suddenly crashed today, resulting in billions worth of liquidated leveraged positions. This comes on the back of Bitcoin\u2019s price plunging toward $25K and many other cryptocurrencies following suit. Ripple\u2019s XRP has seemingly had it the worst. It\u2019s down over 15% in the same period, and now it might even be in for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":138815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-138814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/138814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=138814"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/138814\/revisions"}],"predecessor-version":[{"id":147953,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/138814\/revisions\/147953"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/138815"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=138814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=138814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=138814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}