CandleFocus 17 Million RLUSD on Move in Last 12 Hours, Fresh After Minting
2024-12-24
Author: Content Editor
The Ripple Stablecoin Tracker account on X has identified multiple transfers of RLUSD stablecoins, totaling around 20 million, which were made after the minting of new coins. These transfers were conducted between anonymous wallets, believed to be affiliated with Ripple Treasury. Ripple also moved approximately 10 million RLUSD stablecoins to an exchange last week. Ripple's top executives have been promoting RLUSD and its bullish prospects. XRP, the fourth-largest cryptocurrency, has seen a 4.2% increase and is currently trading around $2.23, with hopes of breaking through resistance levels.
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