Massive XRP Transactions Spark Market Speculation
By
Chul-Min Kim
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
Recent on-chain data reveals the transfer of 16 million XRP from Upbit to an unknown wallet, fueling speculation of whale involvement. This move, alongside an additional transfer of 18 million XRP, suggests potential accumulation by large players. These actions coincide with settlement rumors between Ripple and the SEC, leading to significant market implications if true.