CryptoNews - Ripple’s record-breaking XRP transfers in November, moving 470 million XRP quickly after a large unlock, could impact market stability, urging users to remain cautious amid potential additional sales
https://cryptonews.net/news/altcoins/30048717/
Ripple's recent activity signals an unprecedented scale and speed in XRP sales, as the company moved a massive 470 million XRP shortly after a 1-billion XRP unlock on November 1, diverging from its usual gradual offloading approach.
With the potential for further large transfers in November, users should remain vigilant, as Ripple’s holdings can influence the market, and its actions may bring additional XRP to exchanges.
Despite current price resilience at $0.55, the possibility of more XRP entering the market heightens the need for caution, as increased supply could impact XRP's value.
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