A website created by some researchers in the XRP community to watch Jed McCaleb's XRP balance melt shows that the co-founder of the fintech behemoth Ripple has 821 million XRP left overall on the balance of all of his wallets, including "tacostand." In fiat, that sum constitutes a staggering $1 billion USD.
On Thursday, the Twitter handle of the Japanese crypto exchange Liquid announced that the platform had been attacked by hackers. They managed to withdraw $80 in cryptocurrencies, including 11 million XRP, as well as TRX, Bitcoin and Ethereum. The Liquid’s tweet says that the malefactors managed to steal over 100 Bitcoin, almost 10 million TRX, 11 million of Ripple-affiliated XRP, and close to $60 million in Ethereum and various ERC20-based tokens.
Technically, we see XRP making a bigger correction in this area before shooting to the upside. We forecast a pretty balanced set of probabilities for this pair in the upcoming week. One scenario is a move to the downside to reach at least the low of $1.04 or the support area marked on the chart before going to the upside or a continuation to the upside from this consolidation that is taking place at the time of writing. We advise caution.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
On Thursday, the Twitter handle of the Japanese crypto exchange Liquid announced that the platform had been attacked by hackers. They managed to withdraw $80 in cryptocurrencies, including 11 million XRP, as well as TRX, Bitcoin and Ethereum. The Liquid’s tweet says that the malefactors managed to steal over 100 Bitcoin, almost 10 million TRX, 11 million of Ripple-affiliated XRP, and close to $60 million in Ethereum and various ERC20-based tokens.
Technically, we see XRP making a bigger correction in this area before shooting to the upside. We forecast a pretty balanced set of probabilities for this pair in the upcoming week. One scenario is a move to the downside to reach at least the low of $1.04 or the support area marked on the chart before going to the upside or a continuation to the upside from this consolidation that is taking place at the time of writing. We advise caution.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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