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<p>The post <a href="https://coinpedia.org/news/xrp-price-to-hit-new-ath-soon-hints-crypto-expert/">XRP Price To Hit&nbsp;New ATH Soon, Hints Crypto Expert&nbsp;</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The discovery of a ‘Musk’-tagged smart wallet in XRP’s liquidity tracking system has sparked speculation about its potential to predict the cryptocurrency’s next all-time high. Drawing parallels to a strategic move in 2017 when XRP reached its previous all-time high, many anticipate a similar occurrence in the coming year.</p> 
<h2 class="wp-block-heading" id="h-musk-s-crypto-fascination">Musk’s Crypto Fascination</h2> 
<p>Recent crypto enthusiasts behind XRP Liquidity took to X to shed light on a smart money wallet linked to an address tagged as “Musk.”&nbsp;</p> 
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   <p lang="en" dir="ltr">Sometimes I like to browse thru the XRP wallets.<br><br>This one which is associated with a wallet named Musk whom is infatuated with all the famous astrologers. Musk was the newer wallet but sent all the XRP to a no name wallet now containing 17M XRP. This wallet timed the 2018 ATH.. <a href="https://t.co/PaSMShFfQA">pic.twitter.com/PaSMShFfQA</a></p>— XRP_LIQUIDITY (@XRPwallets) <a href="https://twitter.com/XRPwallets/status/1758818575907704958?ref_src=twsrc%5Etfw">February 17, 2024</a>
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<p>Interestingly, the owner of this wallet appears to have a keen interest in figures related to astronomy and science, observed from tags like Isaac Newton, Andreessen, Turing, and others.</p> 
<p>Meanwhile, these wallets were activated between 2013 and 2014, and have become noteworthy due to a newer <a href="https://bithomp.com/explorer/rpdfM4KARNqE8bTZkBTgv1kCM4F3GPhu5G">unknown wallet</a> (rpdfM4K) activated by the Isaac Newton address in August 2017.&nbsp;</p> 
<p>Notably, this mysterious wallet received all the XRP holdings from other tagged addresses in a consolidated move on Aug. 26, 2017, amassing a balance of 20 million XRP.</p> 
<h2 class="wp-block-heading" id="h-revealing-historical-moves">Revealing Historical Moves</h2> 
<p>While the wallet has kept most of these tokens for over six years, a notable event caught the XRP Liquidity team’s attention. In December 2017, the wallet made a strategic move by transferring 2.99 million XRP to Bitstamp, just days before XRP achieved its all-time high of $3.31.</p> 
<p>During the bull run that started on Dec. 11, 2017, the wallet executed three equal transactions to Bitstamp on Dec. 14, 2017. Remarkably, XRP surged to its ATH a mere 21 days after these transactions.&nbsp;</p> 
<p>Despite a slight drop in balance to <a href="https://twitter.com/XRPwallets/status/1758818575907704958">17 million XRP</a> following the transfers, the wallet has HODLed this amount since then.</p> 
<h2 class="wp-block-heading" id="h-decrypting-the-future">Decrypting the Future?</h2> 
<p>The XRP Liquidity team now suggests that investors must keep a close eye on this mysterious wallet. According to their analysis, if the wallet initiates another batch of XRP transfers, it could serve as a potential signal that XRP is gearing up for another all-time high.</p> 
<p>As of now, XRP is <a href="https://markets.coinpedia.org/xrp/">trading at $0.5612</a>, reflecting a 1.14% increase in the past 24 hours. Despite its upward movement, some investors express dissatisfaction with XRP’s comparatively slow growth in the current bullish market.</p>

XRP Price To Hit New ATH Soon, Hints Crypto Expert

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