oxygenforex Posted April 20, 2016 Share Posted April 20, 2016 In the last three days, XRP has been uncharacteristically volatile, dominated by the XRP bulls. I'm wondering if anyone has done an analysis, or if there is a publicly available tool that can determine the market, or better yet, the wallet, which serves as the price movement catalyst. My assumption is that XRP buying pressure is coming from few (as few as one) single wallet, and the rest of the Ripple markets are reacting as a result of that pressure - perhaps as soon as the very next ledger, if the bots are good enough. If I had to guess, a Bitstamp:BTC wallet would be the origination of XRP buying. Tokyo JPY and RippleFox are frankly not accessible to most of the world, and large Bitcoin holders are much more common in this space than large fiat CNY and JPY depositors. The other markets are too thin to have a large XRP buyer emerge, I think. I further wonder if a wallet genealogy can be done on the buyer. Public tools for that? Haraldo 1 Link to comment Share on other sites More sharing options...
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