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Zycrypto

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SBI Moves $703 Million in XRP Ahead of Massive 1 Billion Token Unlock, Signalling Strategic Approach

  • SBI Holdings transferred $703 million in XRP, sparking speculation ahead of Ripple's release of 1 billion XRP from escrow.
  • XRP's price has been stagnant in the $2.10-$2.20 range, with analysts suggesting a potential breakout to $2.45 if it holds the $2.00 base.
  • A crypto strategist predicts XRP may initiate 'Round 2' of its bullish run, hinting at another parabolic surge for the Ripple-affiliated cryptocurrency.
  • XRP is currently trading at $2.22 as market watchers anticipate its next moves amidst increasing speculation and price analysis.

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