In 2025, a large transfer of 30 million XRP tokens, worth $64.03 million, was made from an unknown address "rPyCQ" to the major Korean exchange Bithumb. This transfer has raised concerns among market participants as it is seen as a large holder selling tokens. However, some speculate that it may just be an internal operation of Bithumb, as suggested by XRPWallet. The transfer has sparked speculation about its potential impact on XRP's market dynamics and price movement. It is important to interpret such transfers accurately to avoid unnecessary fear or panic selling among less informed market participants.



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