jolon
Short

48% of Ripple being purchased with Korean Won

BITSTAMP:XRPUSD   Ripple / Dollar
Ripple price is soaring, why? According to CoinMarketCap 48% of Ripple trades in the last 24 hours were with Korean Won.

In addition Korean Won trades are at a 36% premium to other trades (up from 28% this morning). It's fairly clear the Koreans are pumping Ripple. What will happen when it ends?

Korean Won trades are $4.30 vs $3.20.
Kommentar: Has dropped to 42% of trades being in Korean Won. However Koreans are now paying a 48% price premium.

Koreans paying $4 vs $2.70. Why are they so keen?

Since Novogratz's tweet everyone has realised Ripple is overpriced except for the Koreans!
Has dropped to 42% of trades being in Korean Won. However Koreans are now paying a 48% price premium.

Koreans paying $4 vs $2.70. Why are they so keen?

Since Novogratz's tweet everyone has realised Ripple is overpriced except for the Koreans!
Antworten
I hope that there will be no blood. I took a gorgeous profit, but mine spilled a bit trying to do short, until i realized that korean are acting crazy.
+1 Antworten
CoinFinder NomeSobrenome
@NomeSobrenome, same here, spilled my blood but at the end of the day we played safe...
+1 Antworten
It`s gonna be epic crash. A lot of millionaires and very long term bagholders
+1 Antworten
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