XRP Whale That Stacked Above $2 Just Moved 82 Million Tokens

An XRP wallet that took in nearly 300 million XRP while the token traded around $2 sent 82.3 million XRP, worth about $106.6 million, to a brand-new address earlier today. Whale Alert first flagged the move as a transfer between two unknown wallets; however, the XRP Ledger’s public history tells a longer story. The sending wallet’s trail, built from its onchain account record , is as follows: The last number (82,314,668.8046 XRP) is exactly the Jan. 12 deposit of 73 million plus the Feb. 5 deposit of 9,314,668.8046. Like the May withdrawal, this looks like specific lots being peeled off. Using daily prices on each deposit date, the 298.3 million XRP that flowed in was worth about $613 million on arrival, an average of roughly $2.06 per token.

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