Ripple Insider Sold 2.5 Million XRP While Expressing Optimism About XRP Price
(2 hours ago) · 1 source · Summarized by CryptoBipto
A person described as a Ripple insider reportedly sold 2.5 million XRP tokens. Despite the sale, the individual has reportedly expressed views that XRP's price could eventually surpass Bitcoin's. The details of the sale and the insider's identity come from a report whose claims have not been independently verified.
WHY IT MATTERS
When someone who works at or is closely connected to a company sells a large amount of that company's tokens, it draws attention — similar to how, in the stock market, people pay attention when a CEO sells shares of their own company.
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SOURCES
- cryptonews.com
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