Ripple Price Analysis: XRP Drop to Third, Coins Moved From OTC Distribution Wallets

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Margins are tight, and after a five-month stint at second, XRP is back to third. Despite high volume activities which XRP and Ripple sleuths point to “abnormal” movement of coins from Ripple owned Escrow addresses. For example, on Jan 1, 2.9 billion worth of XRP worth $1.1 billion at market prices were moved from several OTC Distribution and Escrow wallets for mere cents.
As expected, movements of such magnitude can be a cause of speculation and even unfounded hype