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Mysterious 150 Million XRP Moved Between Two Wallets

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By on July 9, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Mysterious 150 Million XRP Moved Between Two Wallets appeared first on Coinpedia Fintech News

A Mysterious transfer of 150 million XRP between Ripple and an unknown address has caught the attention of the community as Whale Alert reported this significant movement. The recipient address, ‘rP4X2h’, linked to the alleged Ripple wallet, was initially activated in 2023, with a transfer of 70 million XRP. Before this transaction, the address already held 103.4 million XRP. After receiving an additional 200 million tokens, 50 million XRP were swiftly transferred to another unknown address. Speculation arises as to whether this address is owned by the company or one of its partners due to the substantial wallet size and connection to Ripple.

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