Uphold moves 145.6M XRP worth $206M between its own wallets
- —145,634,500 XRP worth $206.55 million was transferred, leaving 45 XRP in the source wallet
- —The receiving wallet was activated by Uphold on May 19, 2026 and had been idle before the transfer
- —A test payment of 50 XRP preceded the main transaction
- —Uphold's largest wallet holds about 1.47 billion XRP
Why it matters: This is a reshuffle within a custodian rather than a whale sale, but the market could mistake the transfer for a large holder exiting.
Source: Bitcoin.com