$0.25182 -3.29%
XRP · 1w

Is this how large utility could raise the price?

I saw a post in the daily today about this. So essentially the idea is that when XRP is bought for an ODL exchange, that amount of XRP is taken off the market for the time being. So if that XRP is being held off the market for ~60 seconds, then the next ODL transaction would have to push the price up even fractions of fractions of a cent because there is less supply? So with huge amount of ODL happening at once, there is constantly periods where more and more XRP is being taken off of the market when there is constantly a greater amount already being held off of the market? How would the selling of XRP at the end of the ODL transaction effect this? Maybe I am just completely wrong. Any help?
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