Ripple has transferred 60 million XRP to anonymous wallets, valued at approximately $30.1 million. This comes shortly after the announcement of a strategic collaboration between Garanti BBVA and Ripple to enhance the performance and security of Garanti BBVA's digital platform. The timing of these transfers has sparked speculation about their intention, with possibilities including liquidity provision, wallet reshuffling, operating funding for Ripple's technology solutions, or selling. Garanti BBVA Kripto, a subsidiary of Garanti BBVA, aims to provide high-performance and secure digital asset services through its collaboration with Ripple and IBM for safe custody of its crypto asset trading platform.



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