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Is it possible large institutions can buy XRP without affecting

the price…ie buy direct from ripple from their escrow funds..?

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Uncle-Fungus Автор вопроса
GreenGecko 🌿 ∞/21M
yes

So banks, etc could be serreptitiously accumulating without us knowing until suddenly it starts being used by them, and all of a sudden the price goes nuts!

Uncle Fungus
So banks, etc could be serreptitiously accumulatin...

you can look at the richlist to find out if there are massive wallets 'accumulating' ... but I doubt so tbh, looks rather like there was a notable amount of selloffs since the lawsuit result

Buying directly from Ripple is illegal, per the latest SEC ruling.but banks buying huge volumes from wxhanges apone will alwaus suppress price since the transactions will create strong TA support abd resistance levels.

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