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Mysterious 640,000,000 XRP transfer explodes XRP army, Here’s what really happened
In a shocking turn of events, a massive 640 million XRP worth $1.5 billion was transferred between two unknown wallets on June 30. The transfer sparked intense speculation within the crypto community, with many questioning its nature and potential impact on the market.
According to Whale Alert’s report, three separate transactions were made: one carrying 320 million XRP valued at $703,517,724, and two identical transfers of 160 million XRP each worth $351,678,691 and $351,651,005 respectively. This unexpected move has ignited a frenzy among XRP enthusiasts, with many believing that the whales have gone on an accumulation spree.
However, in a stunning twist, it was revealed by @XRPwallets X account that SBI, Ripple’s main partner in Japan, used its SBI VC Trade exchange to transfer 320 million XRP in two separate transactions of 160 million XRP each. These transactions were transferred to an anonymous wallet ending in -QjNRCZ.
This sudden revelation has shattered the speculation and conspiracy theories surrounding the mysterious transfers, leaving many in the crypto community scratching their heads.
Source: u.today
