*Ripple Moves 200 Million XRP From 2020 Wallet Amid Price Dip*
Ripple just made another big move in the XRP world. According to blockchain tracker Whale Alert, a huge 200 million XRP transaction was spotted—transferred between two unknown wallets. Digging deeper, it turns out Ripple itself was behind it.
This is the third major $XRP transaction spotted this week alone. It comes at a time when XRP has dipped from its recent high of 3.65, which nearly matched its 2018 all-time high.
*Ripple Transfers Entire 2020 Wallet*
About three hours ago, a massive 200,000,005 XRP—worth over700 million—was moved from an old wallet set up in 2020 to a brand-new one. According to @XRPwallets on X (formerly Twitter), this was Ripple’s own wallet, now completely emptied. This is the second such transaction within days, all involving the same amount of XRP.
The back-to-back moves have sparked speculation online. Some believe it’s profit-taking, others think Ripple might be preparing for something major. Either way, on-chain watchers are keeping a close eye.
*XRP Slips After Hitting Peak*
Ripple’s recent movements, along with price action, are creating buzz again in the crypto space. Let’s see what comes next.