TimesTabloid
2025-08-31 06:02:14

Legendary Trader: I’ll be Moving a Small Portion of My XRP to Exchanges

Crypto investor and commentator, Crypto Bitlord, published a statement on social platform X regarding his stance toward Ripple’s handling of XRP. In the tweet , he said he would be moving a relatively small portion of his XRP holdings to exchanges to express his dissatisfaction. He directed the message at Ripple executives, tagging Chief Executive Officer Brad Garlinghouse and co-founder Chris Larsen. Reaction from Other Users Other X users weighed in on the post, offering their perspective on Crypto Bitlord’s comments. A user named Dies Zero described the approach as unusual but noted the underlying frustration among retail holders. He stated, “This kinda move is wild but I get the frustration. Retail feels the weight when big players unload. Truth is, threats won’t change tokenomics. Best edge is managing your own exposure, not trying to strongarm Ripple. Markets don’t bend to ultimatums, they bend to supply and demand.” His response placed focus on the dynamics of supply and demand rather than public threats as a driver of market movement. Another user, Omnissiah, questioned the scale of Crypto Bitlord’s influence in the market. He asked, “how much XRP do you have? You would need billions $$$ to influence the market. But I feel your frustration.” I’ll be moving a relatively small portion of my $XRP to exchanges. This is to show Ripple that I’m not playing around. Stop dumping or I’ll start -You have 24hrs to cease dumping @bgarlinghouse @chrislarsensf — Crypto Bitlord (@crypto_bitlord7) August 29, 2025 Broader Context The comments from Crypto Bitlord align with ongoing concerns in the XRP community about Ripple’s handling of its holdings. Ripple holds a large supply of XRP, and periodic sales have long been debated among investors, who argue that such actions may place pressure on the token’s price. While Ripple has previously defended its sales as part of a structured program, the perception of these sales has remained contentious. Crypto Bitlord’s post and the responses it generated underline a recurring theme in the XRP ecosystem: the tension between retail holders and the company’s management of its reserves. Some investors argue that Ripple’s actions make it difficult for XRP to print a major rally, while others see the company’s liquidity management as necessary for the development of its business operations. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Outlook for XRP Holders The incident demonstrates how investor sentiment can influence public narratives around XRP , even when the market impact of individual actions is limited. While Crypto Bitlord’s statement emphasizes his dissatisfaction, other users pointed out the limited ability of such moves to shift the market. For XRP holders , the key factors remain broader supply dynamics, Ripple’s distribution policies, and overall demand for the token in global markets. At present, the direct impact of Crypto Bitlord’s move is uncertain, but the discussion highlights the ongoing friction between retail participants and Ripple’s approach to managing its XRP reserves. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Legendary Trader: I’ll be Moving a Small Portion of My XRP to Exchanges appeared first on Times Tabloid .

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