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Ripple Moves 1.4B XRP in 1 Hour as Mystery Wallets Send 500M Tokens Back

Ripple Moves 1.4B XRP in 1 Hour as Mystery Wallets Send 500M Tokens Back

Ripple Labs has once again stirred attention in the crypto world after executing XRP transactions totaling 1.4 billion tokens within a single hour. The activity combined routine escrow adjustments with two large inflows from unidentified wallets, raising questions about the company’s latest moves.

As part of its monthly schedule, Ripple unlocked 500 million XRP from escrow contracts. Such is in line with the fact that Ripple has a long history of unlocking part of the amount of its XRP to aid in liquidity and the development of its ecosystem.

A few seconds after unlocking, Ripple re-escrowed 400 million XRP, a move worth approximately $869.5 million that occurred sooner than normal. This indicates a calculated effort to minimize supply.

This re-lock was bigger and faster than others in the last several months, during which time Ripple permitted more XRP to circulate.

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Unidentified Wallets Trigger Unusual Inflows to Ripple

Beyond these planned actions, an unexpected development caught market watchers off guard. According to Whale Alert, Ripple received two separate transfers from unknown wallets totaling 500 million XRP. The first transaction moved 300 million XRP, followed shortly by a second transfer of 200 million XRP.

The origin of these external wallets remains unverified, and Ripple has not provided any explanation for receiving such a large volume. These transfers did not follow the company’s regular monthly transaction pattern and were almost made as soon as the escrow was closed.

Members of the XRP community are already speculating about the reason behind these mysterious inflows. Some believe Ripple is gathering resources or planning to use the funds strategically, which could mean renewed partnerships or progress related to the XRP Ledger or the RLUSD stablecoin.

After 1.4 billion tokens were moved, the price of XRP did not demonstrate significant fluctuations within the first several hours. Nevertheless, various investors are keen on this matter and keen to observe any subsequent activity by Ripple.

Conclusion

Ripple’s combination of scheduled escrow activity and unexpected large transfers has reignited speculation around its plans. With 500 million XRP flowing in from unidentified wallets, the company’s next move is being watched closely across the market.

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