Based on CoinPaper, the XRP Ledger recorded over 40,000 AccountSet transactions in a short period, raising questions about the nature of the activity. The pattern, which remained between 20,000 and 40,000 transactions, suggested a batch process and was compared to a past BitGo incident, though this event appeared more controlled and larger in scale. Analysts speculate it may be an intentional setup rather than an error. Meanwhile, XRP's price remains near $2.19, with traders watching key support and resistance levels.
Over 40,000 XRP AccountSet Transactions Spark Network Activity Speculation
CoinpaperShare






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.