300 Million XRP Moved, Ripple Address Receives Jumbo Transfer
CryptoNewsTerminal Staff01 Sep, 2024
300 Million XRP Moved, Ripple Address Receives Jumbo Transfer
According to blockchain whale tracker Whale Alert, a massive movement of XRP, totaling 300,000,000 XRP, worth approximately $170 million, was recently detected on the XRP network. The transfer involved an unknown anonymous address sending the substantial amount of XRP to a Ripple address. The reasons behind this significant transfer remain unclear, and no official statements have been released by Ripple or any involved parties. However, this movement has sparked speculation and interest within the XRP community, with many eager to learn more about the purpose and implications of such a large transaction.
