29 million XRP worth $14.72 million was transferred to an exchange. I asked the experts what was the reason for this move and whether this transfer would create sales pressure. Cointr Research Department data; “Recently, Ripple has made large transfers of XRP tokens. These movements attracted the attention of crypto investors and the industry. 206 million XRP, worth approximately $103 million, was moved to different addresses. These transfers began with approximately 54 million XRP directed to an address that showed Ripple's internal transactions. Then, 120 million XRP was directed to another address, also associated with Ripple's transactions. Finally, 29 million XRP was sent from Ripple to Bitstamp exchange. This has led to some speculation about potential token sales or strategic maneuvers. These large XRP transfers can be considered within the framework of Ripple's ongoing legal battle with the US Securities and Exchange Commission. The SEC's acceptance of Ripple Labs' request to provide historical financial statements is a significant development in the case. Although Ripple has argued that its financial situation is irrelevant to the subject matter of the case, the court's decision highlights Ripple's lack of regulatory oversight around XRP transactions. However, it is worth remembering that these recent XRP transfers were a long-standing practice before the SEC case. However, the prolongation of the litigation process and the arrival of different transfer news negatively affect the price of XRP.”