Massive XRP Transactions Spark Market Speculation

Chul-Min Kim
1 min read

Recent on-chain data reveals the transfer of 16 million XRP from Upbit to an unknown wallet, fueling speculation of whale involvement. This move, alongside an additional transfer of 18 million XRP, suggests potential accumulation by large players. These actions coincide with settlement rumors between Ripple and the SEC, leading to significant market implications if true.

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