Ripple update: Another potential volume spike jpy/krw
Edit This is a summary please see stormbears full analysis in the comments.
Hi all,
As before in our discord we have noticed another volume spike between jpy and krw that correlates highly over the period of 10 hours it appears 2 million xrp have been moved. There values of jpy and krw are highly correlated again on the graph around 8am GMT. The scales however are different due to differing deltas due to background volume differences. Interestingly we do not see a btc spike at the same time. This leads us to the opinion that it is more than Likley to be xrapid testing. Please share with us your thoughts and explanations please.
Data below
https://m.imgur.com/a/bAoG403
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
Author: Routerz121
Score: 10
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