Markets· ★★· neutral·

Ripple moves 120 million XRP to anonymous wallet

  • —120 million XRP left a Ripple address about five minutes before the report
  • —The receiving wallet carries no label or known owner
  • —No dollar value was given for the transfer
Why it matters: Large outflows from Ripple-linked addresses often precede token unlocks and sales, adding pressure on XRP.
Source: Bloomingbit