XRP Wallet Linked to “Musk” May Herald Cryptocurrency’s New Peak

Key points:

  • XRP Liquidity on
  • Investor interest in scientific figures is reflected in the labels of XRP wallets, suggesting a strategic investment approach.
  • Previous transfers from a notable XRP wallet preceded the 2017 high, suggesting signs of future market moves.

XRP Liquidity on The focus is on a smart money wallet with an address labeled "Musk."

Sometimes I like to browse XRP wallets.

This one is associated with a wallet named Musk who has a crush on all the famous astrologers. Musk was the newest wallet, but he sent all the XRP to an unnamed wallet that now contains 17 million XRP. This wallet timed the 2018 ATH. pic.twitter.com/PaSMShFfQA

February 17, 2024

Additionally, the owner of this wallet shows a keen interest in luminaries from the fields of astronomy, science, and technology, which is evident through wallet labels such as Isaac Newton, Andreessen, Turing, Sagan, and Faraday. These wallets, including the one labeled “Musk,” were activated between 2013 and 2014, following the debut of XRP in the commercial sphere.

Furthermore, the whale behind these wallets started with the Sagan wallet in June 2013, followed by the activation of Isaac Newton and Musk in November of the same year. These wallets subsequently played a role in activating other addresses, culminating in the spotlight on an untagged wallet, rpdfM4K, which was brought into play by Isaac Newton's address in August 2017. This wallet received all the XRP holdings of the aforementioned addresses on August 26. , 2017, accumulating 20 million XRP.

The behavior of this untagged wallet in December 2017, transferring 2.99 million XRP to Bitstamp just days before XRP hit its all-time high of $3.31, has been highlighted as a possible precursor to future price spikes. . The transactions came amid a bull run for XRP, which began on December 11, 2017, with wallet transfers executed on December 14. The price of XRP skyrocketed to its all-time high just 21 days later.

Since that transfer, the wallet has held approximately 17 million XRP. XRP Liquidity on

At press time, XRP was trading at $0.5577, up 0.16% over the past 24 hours, according to CoinMarketCap. This rally comes amid feelings of slow growth for XRP compared to other cryptocurrencies, highlighting the challenges and opportunities within the digital asset landscape.


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