CandleFocus

Wallet Linked to Ripple Offloads 100,000,000 XRP to Anonymous Address

A 100 million XRP transfer between two unknown wallets linked to Ripple has raised speculation about potential market moves. The wallets involved have a history of high-volume transfers, with one receiving significant sums from Ripple and dispersing them across multiple unidentified wallets. The receiving wallet has also been active in receiving multiple transactions from the same sender. The community is concerned that the recipient may be preparing to sell the tokens, although the wallet currently maintains its balance. The price of XRP saw a slight increase of 0.57% over the past 24 hours but has declined by 11.55% over the past week.

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