50.29M XRP Worth $76M Leaves Bitget for Unlabeled Wallet
- —50,291,996 XRP worth about $75.96 million moved off Bitget
- —The same address previously received 38.02M and 44.75M XRP from the exchange
- —It also sent 20M–40M XRP back to Bitget in 2024–2025
- —Bitget resumed BTC withdrawals Sept. 28, ETH Sept. 29 and USDT Sept. 30
Why it matters: The transfer does not confirm accumulation, as the recipient is a recurring counterparty of the exchange, leaving XRP supply impact unclear.
Source: The Crypto Basic