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(He-who-shall-not-be-named) is Dumping His Position


JKK_XRPIS

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This should be Ripple just building liquidity, you don't really think someone dumps 5M XRP on the open market every 30mins, do you, lol? Even if you dump 1M you'd move the price massively.

Edited by iLeeT
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3 minutes ago, iLeeT said:

This should be Ripple just building liquidity, you don't really think someone dumps 5M XRP on the open market every 30mins, do you, lol? Even if you dump 1M you'd move the price massively.

someone was dumping 1M blocks on bitstamp a couple of days ago at $2.

5M in 30 minutes doesn't sound like a big deal to me. 1M definitely would not move the market much usually (although now it's got the jitters)

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