๐ฅ ๐จ 230M XRP Transfer Sparks Community Buzz: What's Behind It? ๐จ
A massive 230.7 million XRP, worth approximately $414 million, was transferred between two anonymous wallets. This triggered intense discussions in the crypto community, as fans speculated on the motives behind such a huge move. Here's the breakdown:
๐จ Big Transaction, Big Reactions
๐ The transfer occurred just hours ago, triggering a wave of opinions among XRP enthusiasts. Many believe itโs a sign that whales are still active, while others speculate it might have been an OTC sale.
๐งโ๐ผ Whale Alert, a blockchain tracker, flagged the transfer on social media, causing a flurry of activity and debates. However, Bithomp, an XRP-focused explorer, revealed the wallets involved are linked to Kraken, a major US exchange.
๐ XRP Network Strengthens Despite Volatility
โก๏ธ Recent Glassnode data reveals the XRP network has reached an all-time high of 6.26 million wallets holding at least 1 XRP.
โก๏ธ This indicates continued growth, even amid the recent market downturn.
๐ XRP Price Update
Despite the 10% drop in XRP's price (from $1.95 to $1.74), it has made a slight recovery, trading at $ 2.050 at press time.
Final Thoughts
The large XRP transfer has fueled speculation, but the network's growth remains steady. While the price has seen volatility, XRP continues to show strong support among holders and major exchanges.