Is Ripple Making a Move? Massive Transfer of 80 Million XRP Exposed
A significant transfer of 80 million XRP to an undisclosed wallet has caught the attention of the crypto community. This move follows Ripple’s decision to move 1 billion XRP, with 80% being locked in escrow. However, Ripple executed a strategic move by transferring 100 million XRP to a specific address on January 7, and repeated this move later in the month with another 80 million XRP. This calculated strategy has resulted in Ripple locking up a substantial amount of XRP and maintaining a balance in the mentioned address. The transfer of 443.1 million XRP, speculated to be an internal operation by Bitvavo, has also caused a stir among XRP holders. In addition to these developments, Ripple CEO Brad Garlinghouse has predicted the imminent approval of the XRP ETF, signaling a promising year ahead for XRP enthusiasts.