🚨 $206M $XRP TRANSFER — NOT A WHALE EXIT! 🐋
A total of 145.6M $XRP P worth approximately $206M, was moved from a labeled Uphold wallet on September 14.
🔎 On-chain data suggests this was likely an internal custody reshuffle, rather than a market sell-off.
The sending wallet was nearly emptied, while Uphold’s largest labeled $XRP wallet still holds around 1.47B
📊 So far, there is no clear evidence that these funds were sent to an exchange for selling.
This move may look alarming at first, but the on-chain data tells a different story.
#XRP #Ripple #CryptoNews #OnChain #CryptoMarket #XRPArmy
A total of 145.6M $XRP P worth approximately $206M, was moved from a labeled Uphold wallet on September 14.
🔎 On-chain data suggests this was likely an internal custody reshuffle, rather than a market sell-off.
The sending wallet was nearly emptied, while Uphold’s largest labeled $XRP wallet still holds around 1.47B
📊 So far, there is no clear evidence that these funds were sent to an exchange for selling.
This move may look alarming at first, but the on-chain data tells a different story.
#XRP #Ripple #CryptoNews #OnChain #CryptoMarket #XRPArmy
