Pai 🌲|Nov 03, 2026 01:12
I checked those new Ripple addresses again this morning.
The 230 million Ripple tokens that were deposited yesterday at noon haven't entered any exchanges yet.
Of the twenty-odd tokens with over 20 million trades on Binance, besides stablecoins, only Tron has risen.
It's been hovering around 1.25 for three days. Last week, it was the only ETF with net inflows.
The remaining 290 million is still sitting in those six new addresses, completely untouched.
Buying pressure hasn't returned at all, and it hasn't pushed higher even after three days of sideways trading.
I'm betting it will drop below 1.23 this week; if it rebounds to 1.29, I'll admit I'm wrong.
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