78 brand new addresses activated in bulk on the same day, instantly purchasing over 77 million XRP.
The most powerful one? A single wallet directly acquired 35 million tokens, which amounts to a solid ten million dollars at the current price. In addition, 6 accounts each secured about 1.99 million tokens, and there are 44 new faces whose holdings have all surpassed the 300,000 token mark.
Interestingly, 246 veteran players increased their positions simultaneously, adding nearly 18 million coins in total.
**But don't get me wrong, this is not a panic sell.**
Indeed, 78 old wallets were fully cleared that day (with a total outflow exceeding 100 million coins), but the number of new whales entering the market completely absorbed the sell-off. Analysts say this is a typical position restructuring move, which often occurs on the eve of significant volatility.
**So the question arises – why has Plasma suddenly caught the attention of the whales?**
The name Plasma is not new, but recently it has done something remarkable: it combined a modular execution layer with a ZK-Rollup hybrid architecture, directly boosting performance to the level of 100,000 TPS, directly competing with Ethereum's layer two solutions.
The key selling point is here – it natively supports cross-chain deployment of XRP assets, allowing whales to directly deposit XRP into the DeFi protocols of the Plasma ecosystem for yield generation, without any unnecessary friction.
The on-chain traces are already very evident. In the past seven days, several large XRP addresses transferred coins to the Plasma testnet cross-chain bridge, with a single transaction of up to 2 million coins. There are also rumors in the community that a former technical executive from Ripple Labs is suspected of secretly participating...
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VitalikFanboy42
· 10h ago
Wow, 78 new addresses entered a position on the same day? This must be a signal before some big move, right?
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FalseProfitProphet
· 12-02 02:49
Wow, this operation is a bit harsh, with both Plasma and cross-chain involved. What tricks are the Whales playing?
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CantAffordPancake
· 12-02 02:43
78 new addresses activated on the same day to sweep 77 million XRP? This move is a bit fierce, the whales are holding back for a big action.
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ChainDoctor
· 12-02 02:33
78 new wallets activated the same day to sweep 77 million XRP, this rhythm is something else
What are the whales playing in Plasma, why are they so active
Position restructuring before the big fluctuation, is someone deliberately pumping?
XRP cross-chain to Plasma for yield, how high does the yield have to be to be worth this hassle
The information about that former Ripple executive getting involved is ridiculous, is this a public secret?
246 old players are following suit to increase their positions, what does this mean? Are they dumb buyers who realize it too late?
100,000 TPS sounds impressive, but does the ecosystem really have that much demand?
The on-chain trajectory is so obvious, are they not afraid of being clipped?
Is a big fluctuation coming or just another false alarm, who can say for sure?
On-chain monitoring captured a strange signal——
78 brand new addresses activated in bulk on the same day, instantly purchasing over 77 million XRP.
The most powerful one? A single wallet directly acquired 35 million tokens, which amounts to a solid ten million dollars at the current price. In addition, 6 accounts each secured about 1.99 million tokens, and there are 44 new faces whose holdings have all surpassed the 300,000 token mark.
Interestingly, 246 veteran players increased their positions simultaneously, adding nearly 18 million coins in total.
**But don't get me wrong, this is not a panic sell.**
Indeed, 78 old wallets were fully cleared that day (with a total outflow exceeding 100 million coins), but the number of new whales entering the market completely absorbed the sell-off. Analysts say this is a typical position restructuring move, which often occurs on the eve of significant volatility.
**So the question arises – why has Plasma suddenly caught the attention of the whales?**
The name Plasma is not new, but recently it has done something remarkable: it combined a modular execution layer with a ZK-Rollup hybrid architecture, directly boosting performance to the level of 100,000 TPS, directly competing with Ethereum's layer two solutions.
The key selling point is here – it natively supports cross-chain deployment of XRP assets, allowing whales to directly deposit XRP into the DeFi protocols of the Plasma ecosystem for yield generation, without any unnecessary friction.
The on-chain traces are already very evident. In the past seven days, several large XRP addresses transferred coins to the Plasma testnet cross-chain bridge, with a single transaction of up to 2 million coins. There are also rumors in the community that a former technical executive from Ripple Labs is suspected of secretly participating...
(The content comes to an abrupt stop, leaving more room for imagination)