A recent transaction of 50 million XRP valued at over 113 million USD moved between unverified wallets, raising questions about its purpose. While the sending wallet was initiated by Ripple in 2023 and holds substantial XRP, the receiving wallet lacks clear identification.
Despite the significant transfer, the XRP market showed stability, with prices holding steady around 2.25 USD. This lack of volatility suggests that the market is not reacting with panic or speculation, potentially indicating internal restructuring within Ripple.
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