🚨 Cryptocurrency: A mysterious whale collects 35 million dollars of XRP in less than an hour using an algorithmic bot
An unidentified entity has gathered over 35 million US dollars of $XRP XRP rapidly through the platforms Coinbase, Bitstamp, and Kraken using an advanced trading bot. The algorithm executed 156 identical purchase operations, each worth 10,000 $XRP , at a rate of one operation every 18.5 seconds for 48 minutes.
The Coinbase platform accounted for 23.4 million dollars of the total accumulation, while the Bitstamp and Kraken platforms reflected buying pressure at the same time. The bot's strategy avoided placing a single large market order that would have caused massive slippage, and instead, the orders were distributed across various trading platforms to execute them without draining local liquidity.
$XRP is currently trading at 1.32 dollars, down 2.27% on the day despite the massive accumulation, with the 24-hour trading volume increasing by nearly 17% to reach 2.5 billion dollars.
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