Whale Alert: Ripple Shifts 200 Million XRP in Mysterious Internal Transfer
Ripple, the San Francisco-based blockchain giant, has just made a major move—transferring a whopping 200 million XRP (valued at around $400 million) between wallets it controls. The transaction was first flagged today by crypto monitoring platform Whale Alert.
Following the XRP Flow
At first glance, the transfer seemed to be headed toward an unknown destination, sparking speculation when Whale Alert reported the recipient as the unrecognized address ‘rP4X2…sKxv3’. However, further analysis by blockchain data provider Bithomp revealed that both the sending and receiving wallets are under Ripple’s control.
