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XRP Whale That Stacked Above $2 Just Moved 82 Million Tokens

An XRP wallet that took in nearly 300 million XRP while the token traded around $2 sent 82.3 million XRP, worth about $106.6 million, to a brand-new address earlier today. Following the Wallet Whale Alert first flagged the move as a transfer between two unknown wallets; however, the XRP Ledger’s public history tells a longer […]

XRP Whale That Stacked Above $2 Just Moved 82 Million Tokens
Bitcoin.com News
AI summary

A wallet that accumulated nearly 300 million XRP when the token traded near $2 moved 82.3 million XRP, worth roughly $106.6 million, to a brand-new address today. Whale Alert flagged the transfer between two unknown wallets, though on-chain history shows the wallet's longer accumulation pattern. Large whale transfers are often watched as possible precursors to selling, but a move to a fresh address can also be routine custody reshuffling, so the signal is ambiguous for traders.

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