Hello this is Matt on the moon family Sedan Channel and this is an interesting Metric did you know that there's been an Absolute surge in the number of xrp Addresses that have at least one hundred Thousand dollars worth of xrp Yeah there absolutely has now when you Think about it actually shouldn't sound That surprising especially in light of How well crypto's been doing in general This year with xrp coming along for the Ride and most recently over the last Couple weeks I mean I'm sure you all Know xrp blasted up as high as 58 cents And of course I've made my perspective Pretty clear I think this a lot of this So fine yeah some of it has to do with The fact that crypto is going up so yes Would have moved in tandoned or whatever Degree anyway but I think uh I think That the biggest uh the biggest Individual factor for us seeing xrp move Incredibly High it very in very short Order in terms of price action it's Because everyone's anticipating the end Of the SEC V Ripple lawsuit and then People are just gonna Pile in at that Point uh causing XP to blast off that I Think that's what people are speculating Anyway Uh but wow I'm going to show you a chart On this in some additional factoids Around this but uh before going further I do want to be clear I do not have a
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Financial background of any kind Excuse me I'm not offering Financial Advice And you definitely should not buy or Sell anything because of anything I say Are right I'm just an Enthusiast who Enjoys making YouTube videos about Crypto related topics but just as a Hobby and just for fun and so here's a Headline from the crypto basic titled Xrp addresses holding at least one Hundred thousand dollars surge above 13 000. that's right over thirteen thousand Accounts with at least one hundred Thousand dollars worth of xrp Uh xrp is gradually garnering renewed Interest from investors as evidenced by A surge in its wallet addresses notably Xrp address is holding at least one Hundred thousand dollars worth of the Asset have seen a steady increase Recently having surged above 13 800 this Year a pseudonymous xrp proponent first Called attention to this bullish metric In a recent tweet citing data from a Coin metrics chart and so that was xrp Community member who goes by the name Matt CR and here's a chart uh closer to A full screen mode here And that is glorious and look I think That we ain't seen nothing yet when it Comes to the price action Um I mean look at this like a couple things
Jump out at me when I'm looking at this Chart here so again this chart is Showing the number of accounts Uh that have at least a hundred thousand Dollars worth of xrp dating back to 2014. now obviously 2017 was a major Change for the world of crypto and how Much in terms of how much attention and Actual money flowing in it had received There had been absolutely ridiculous Parabolic actions you know well before That but 2017 just put everything in Like a whole different realm in terms of The amount of attention the chaos that Ensued alt season all that fun stuff and So you can see that there's a major tick Up and ultimately it led to a point Where there actually it looks like Recording this chart probably close to 20 000 Accounts at the height of the Bull run so early 2018 because that's When the peak for xrp price was it looks Like that lines up pretty well I've been You know January 4th 2018 was the one The all-time high hit so 20 000 accounts Holding at least a hundred thousand Dollars worth of xrp but consider this Back then there were not that many xrp Accounts when the Bull Run started in Roughly mid December of 2017 there were Less than 700 000 xrp accounts in Existence And I'm pulling from a memory here so The numbers could be slightly off but
They're gonna be pretty damn close uh Over the span of the next roughly two And a half weeks as xrp ran to its All-time high it went from close to 700 000 accounts to close to a million so a Lot of accounts xrp existed all those Years built up to 700 000 accounts and Then in two and a half weeks another 300 000 accounts now as I record this video Uh we're somewhere in the neighborhood Of uh I think 4.6 or 4.7 million Accounts in total so think about this With that few accounts there was that Much exuberance and excitement and money Flowing into crypto that you still at Almost 20 000 accounts with that much Money in it now even though we still Haven't seen a new all-time high for xrp And I do blame the SEC for that because SRP is the only top 10 crypto During the 2021 Bull Run that didn't see A new all-time high so pretty obvious The SEC had a major hand in that even so There are so many more people in crypto That even without xrp seeing a new All-time high look what happened In 2021. for those of you looking at the Screen you can see where I'm circling Here look at this I mean you're talking And the the number doesn't even show so It must have been what somewhere like 30 000 individual accounts excuse me 100 Takes up a lot here sorry folks hmm Probably somewhere in the neighborhood
What 30 000 xrp accounts in total worth At least a hundred thousand dollars you Know that much worth of xrp anyway Uh and again this is With xrp hitting roughly half of what is Previous all-time high was and so Obviously 2022 it's not going to Surprise you that much that obviously we Can see it crater back to the downside But that's because Crypto was a dumpster fire every year Twenty two thousand two thousand twenty Two it's just a dumpster five rear for Crypto So That's why it's so exciting to see what We're seeing right now because people Understand if this goes the way we all Think and hope it will like the fact That we saw xrp jump from roughly called 37 cents to about 58 cents that's gonna Look like nothing and it did result Because and there's so many more people That have jumped in and so many more People holding notable amounts of xrp That yeah you do see this little Spike Right here you do and it's it's it is Notable But that's going to look like nothing When this thing blasts out that's what I Personally believe anyway there's no Guarantees and I always acknowledge of Course I could get wrong I'm not telling You to buy or sell anything certainly
Not Financial advice but I believe what I say I think that it's gonna absolutely Take off like a damn rocket ship here And it's just neat to see that many Accounts like that but that's what I'm That's why I'm saying what I'm saying Though like the the the the spike here Where I'm circling you know in the Previous all-time high period that's Going to look like nothing by the time This is all said and done with how many People are in crypto and xrp Specifically right now when this thing Takes off and hits a new all-time high It's gonna It's going to make that look like a it Will it will be as small this this in 2018 this this Spike right here will Look as small as where I'm circling here In 2015 which is to say you won't be Able to really see it I I think it's just a matter of time It's it's coming here But check this out so the piece Continues the chart reveals a rapid Uptick in the number of addresses Holding at least one hundred thousand Dollars worth of xrp since the start of The year The gradual upsurge in these addresses Mirrors the pattern observed in early 2021 which coincided with xrp's rally to The high of 1.96 in April of that year This occurred despite the U.S sec's
Charges which sprang up in December 2020. Following the local top in 2021 these Addresses started declining indicating a Massive distribution campaign after any Radic pattern observed between 2021 and 2022 the address is plummeted below 8 000 had been some some mid 2022 rather The recent uptick followed shortly but Gained momentum this year as a result of The uptick these addresses have now Increased to 13 871 per data from asari a crypto Intelligence resource Moreover massari indicates that address Is holding at least one million dollars Worth of xrp have also surged to 1160 With addresses holding at least 10 Million dollars standing at 316. yeah Well there's going to be a whole lot More of those don't you think My personal opinion is it really is just A matter of time and and it's it's a Coven here what's a term to be in crypto And you know unfortunately for most People they don't start paying attention Till until after the Euphoria starts After the fomo because that well that's What sets off the phone when you find Out that all these people are making all This money and how much xrp is going That's when the people jump in but we Are here first As any good investor would be you know
You you get in your positions before People start freaking out about and Getting all excited because once that Happens it's almost always too late at That point and then the question is okay If you're the dope buying in when it's Because everybody's getting all excited Did you just buy the top or close to it That's the concern But uh this is going to look like Nothing how many people do you think are Going to have accounts xrp accounts that Hold at least a hundred thousand dollars Worth of xrp because with how many more People are in it now because these People they're just waiting for the Verse like you all understand that right Everybody's placed their bets and it did Drive the price up to what we saw Recently in size 58 cents but these are People placing their bets anticipating The biggest movies coming right after This If things go well regarding the secv Ripple case And it's nice that we're not in the 2022 Bear Market anymore that's for damn sure What a time I don't know you guys tell Me what you think but I'm just Anticipating something very good uh Hopefully in the not too distant future Because any day we could wake up and get The news from Judge Torres here's the Ruling and when that comes I am
Anticipating it's going to be good for Xrp holders even if Ripple technically Loses and I don't know if they will I'm Just saying even if that happens I think That there's going to be some clarity For xrp holders and it's gonna be fine That's my suspicion here I'm not a financial advisor you should Not buy yourself anything because of Anything I say or right that would be a Very very very bad idea until next time To the Moon family sedan
