Ripple Unloads 150,000,000 XRP Amid Looming SEC Settlement, Others Move 400M XRP

Ripple Unloads 150,000,000 XRP Amid Looming SEC Settlement, Others Move 400M XRP

Ripple attracted attention in the crypto scene early today, dispatching massive XRP tokens to an anonymous destination amid the approaching SEC settlement. Community surveillance service Whale Alert first drew public attention to Ripple’s transaction. The post revealed that Ripple transferred 150 million XRP, valued at approximately $64.29 million, to wallet “rP4X2hTa7A.” 🚨 🚨 🚨 150,000,000 #XRP (64,287,206 USD) transferred from #Ripple to unknown wallethttps://t.co/nt65t65klk — Whale Alert (@whale_alert) July 9, 2024 Blockchain record shows that the recipient’s wallet unloaded 50 …