Analyst Flags ‘Suspicious’ $280 Million XRP Move By Ripple Outside Of Unlock Schedule
Ripple transferred 200 million XRP (worth $280 million) outside its usual monthly escrow release, sparking speculation and concern among analysts and the XRP community. The transaction, flagged as "suspicious," was initially feared to be a potential sell-off that could impact XRP's price. However, on-chain data later confirmed the transfer was internal—between two Ripple-controlled wallets—with no external outflow. The movement is now believed to be related to internal rebalancing or an OTC settlement, rather than a market sale.
bitcoinist03/10 03:32
