The XRP rose to $ 2.77 by gaining 13.4 %value after large -scale transfers today. This price increase coincided with the XRP transfer exceeding $ 1 billion by Ripple and aroused a great curiosity in the market.
Giant XRP transfers created speculation in the market
According to Whale Alert data, Ripple performed two major operations. In the first process, 300 million XRP, ie crypto asset worth approximately $ 822 million, was transferred to an unknown wallet called “RP4x2 ..
Although this wallet has been active since 2023, the direct connection with Ripple is not known for certain. However, the major process caused serious mobility in the market and attracted the attention of investors.
Second Transfers and Uncertainties
In the second transaction, 90 million XRP moved to a wallet called “RHWT2 ıyla worth of $ 246.6 million. This wallet, unlike the address where the first transfer is made, although not directly activated by Ripple has been performing regularly for two years.
These large -scale transactions have led to different speculation among Ripple investors. There is no clear explanation for why Ripple has made these transfers. Some analysts suggest that these transactions may be related to in -house financial regulations, while others think that agreements can be part of agreements with corporate partners.
Ripple’s XRP stocks and impact on the future
Ripple is currently keeping 37.44 billion XRP in the safety wallets. This system ensures that the token’s release monthly within the framework of the specified program. However, the fact that these transfers do not overlap with the planned token distribution creates more uncertainty for investors.
Such great transactions raise questions about whether Ripple supports internal management strategies or external collaborations. XRP price forecasts have become even more complex due to this unknown.
Reaction of the market to XRP transfers
Large -scale transactions in crypto markets often create either fear or excitement. However, in this case, the general market response seems positive as the XRP price is rapidly rising.
Some investors consider this movement as a bull signal, while others continue to monitor the process cautiously. XRP’s price movement will depend on whether Ripple will make more explanations about these transactions. For now, uncertainty continues and focused on market developments.
