Crypto Chaos: Ethereum Whales, XRP Meltdowns & Kiyosaki’s Bold Bitcoin Bet

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Crypto Chaos: Ethereum Whales, XRP Meltdowns & Kiyosaki’s Bold Bitcoin Bet

A charming Sunday read to keep your spirits buoyant amid the crypto turmoil, brought to you by U.Today.

Coinbase Witnesses the Great Whale Escape—$35 Million Disappears into the Abyss

In the grand tradition of financial espionage, an anonymous wallet, with the unassuming name “0x2b0aD”, made off with a staggering 13,800 ETH—worth a cool $35.26 million—right out of Coinbase’s pockets, no less, on the balmy day of Friday, May 16. The wallet then proceeded to play banker, repaying some of its Ethereum debt borrowed against cBTC. The blockchain data reveals a small bonfire of 13,750 ETH being incinerated—burned, as the faddists say—while roughly the same amount was redistributed to Aave’s lending pool, leaving the wallet still owing a hefty $82.61 million in WETH. Was this a masterstroke of market strategy or just a wealthy wallet’s game of hide-and-seek? Your guess is as good as ours—stay tuned for the mystery to unfold, or not.

XRP’s 2.02 Billion-Dollar Day: The Rare Meltdown

In a spectacle reminiscent of a drunken stag night, XRP’s open interest plummeted 6.67% as per CoinGlass—despite trading with $4.78 billion in open interest and a fleet of 2.03 billion XRP futures contracts. The price ticked down by 3.5%, settling at a modest $2.33, and trading volume shrank nearly 39%, making the whole affair look like a financial soap opera. This sudden deterioration follows a sensational weekly rally of 140%, proving once again that in crypto, growth often goes straight to your head—until it doesn’t. Some say the SEC’s latest legal jabs are to blame; Ripple‘s legal eagle, Stuart Alderoty, reassures us all that the storm will pass and XRP remains as safe as a bank vault at Fort Knox. Or so they say.

“Rich Dad Poor Dad” Author Makes Bold Bitcoin Bet—HODL or Panic?

In a performance of prophetic grandeur, Robert Kiyosaki, the sage behind “Rich Dad Poor Dad,” has issued a clarion call amidst the current chaos: buy Bitcoin now—while you still can! His reasoning? The so-called “Marxist Central Bank system” is crumbling faster than a cookie in your pocket, leading to widespread bankruptcies. Oh, and he’s eyeing a lightning-fast Bitcoin target—$250,000—before the year is out. His mantra? “Buy more. Do not sell.” As we write, Bitcoin is lounging at $104,885—down slightly, but still ahead of the game—flirting with the volatility that keeps us all awake at night. One thing’s for sure: in Kiyosaki’s world, there’s never a dull moment.

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2025-05-19 19:09