XRP Whale Just Yanked $782M, What’s Goin’ On?!
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A significant XRP whale activity has recently stirred the crypto market, with a total of 370 million XRP—valued at approximately $782 million—transferred in two large transactions. The first moved 70 million XRP ($148.3 million), and the second shifted 300 million XRP ($633.7 million), both to unknown wallets.
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These movements coincided with the U.S. Federal Reserve's decision to maintain current interest rates, a factor that often influences crypto market dynamics. Notably, XRP's price has remained stable above the $2.10 support level, indicating resilience amid broader market fluctuations.
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In addition to these transactions, the XRP Ledger has surpassed one million transactions in early May, reflecting increased network activity. Furthermore, Ondo Finance announced plans to launch a tokenized U.S. Treasury fund on the XRP Ledger, utilizing Ripple's RLUSD stablecoin for minting and redemption, signaling growing institutional interest.
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#AltcoinSeasonComing These developments suggest strategic positioning by large holders and potential institutional adoption, contributing to XRP's current market stability.

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