XRP Rapid Trading Volume Surge May Result in Unusual Price Action

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XRP Rapid Trading Volume Surge May Result in Unusual Price Action
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$XRP network saw an anomaly again, may result in unusual XRP price action xrparmy xrpholders xrpusd

Santiment's post urged us to keep a close eye on the price of XRP, which may have been unusually active due to an abnormal increase in the trading volume. However, nothing of the sort has happened, except for a 5% increase in XRP since Friday, which is generally within normal limits.

Rumors about Jed McCaleb's alleged influence on such a phenomenon are unlikely to be true. Even though the former Ripple official has stopped the process of selling off his XRP and of the tokens as an investment, such volumes would not have been enough to inflate trading by more than 1,200%. or a test run for some corporate or banking project on the XRP network, especially since Ripple specializes in working with such institutions. Either way, it seems to be a rather positive sign, given that the jump occurred at the bottom of the XRP price.

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