In documents just disclosed by the SEC, do Ripple insiders hold nearly 40% of Nasdaq’s $XRP shares?
$XRP is currently at $1.37, up just 0.19% in 24 hours. The market barely reacted to the news, while money across the market is piling into new names like OP and STRK. No one’s picking up the old narratives.
There’s really no need to chase at this level. The news hasn’t been finalized, and there’s been no surge in volume to absorb the supply. Better to keep your powder dry than rush in blindly. We can wait and see if the funding rate turns positive.
Do you think this insider holdings list coming to light can push $XRP past its previous high, or is this a case of good news already priced in, leaving people holding the bag? Comment 1 if you’re bullish, 2 if you’re bearish.
#Write2Earn #BinanceSquare #XRP Ripple
$XRP is currently at $1.37, up just 0.19% in 24 hours. The market barely reacted to the news, while money across the market is piling into new names like OP and STRK. No one’s picking up the old narratives.
There’s really no need to chase at this level. The news hasn’t been finalized, and there’s been no surge in volume to absorb the supply. Better to keep your powder dry than rush in blindly. We can wait and see if the funding rate turns positive.
Do you think this insider holdings list coming to light can push $XRP past its previous high, or is this a case of good news already priced in, leaving people holding the bag? Comment 1 if you’re bullish, 2 if you’re bearish.
#Write2Earn #BinanceSquare #XRP Ripple