The XRPL recorded a sudden increase of over 40,000 AccountSet transactions 💥 in a short period. Analysts believe that the volume and organization suggest a large-scale infrastructure setup. 🏗️
👉 Why Does This Wave Look Different? 🕵️♀️
▪️Not an Error: Unlike the previous BitGo incident (which had faulty scripts and failed payments ❌), this wave shows clean and controlled AccountSet transactions. ✅
▪️Meaning: AccountSet does not move value 💸, but configures accounts (sets permissions, updates keys 🔑). This suggests deliberate orchestration! 🧠
XRPL Growth vs. The Concentrated Peak 📈
The XRPL is booming:
🔸More than 7 million accounts with the minimum balance. 🧑🤝🧑
🔸Approximately 295,000 daily active addresses. 🚀
However, this concentrated increase of AccountSet had never been documented on this scale. Normal growth is with payments ➡️, not with tens of thousands of grouped configurations. 📦
What This Could Signal (Secret Preparation) 🤫
This increase of AccountSet may be a preparatory phase:
1️⃣Wallet Configuration: A large cluster of wallets ready to receive funds, tokens, or stablecoins. 💰💧
2️⃣Institutional Restructuring: A main actor restructuring its wallet architecture before important operations. 🏛️
3️⃣Launch of New Service: Infrastructure prior to the launch of stablecoin platforms or institutional liquidity funds. 🌊
Concurrent Exchange Flows 🔄
At the same time, it is reported that large volumes of $XRP are being redistributed in the exchanges (one exchange saw over 68 million $XRP leave in seven days). 🐋
The Mystery: The juxtaposition of backend configuration and large exchange flows could signal coordinated institutional activity. 🤝
Observe Next: We will be on the lookout for large deposits of $XRP in the new wallets! 💰👀
