XRP News: Ripple Transfers $915 Million In XRP, What’s Happening?

Quick Summary:

The blockchain firm has moved 380 million XRP, worth more than $915 million, to a wallet, fueling discussions over its potential impact on the asset’s value.

XRP News: The recent massive XRP transfer by Ripple has sparked speculations in the market amid a price surge in its native token.

Notably, the firm has also made similar transfers previously, which has further fueled speculations.

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: India

Topics: XRP news XRP Ripple RLUSD Altcoin News 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 09:16:28 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 473 words

Reading Time: 3 minutes read

Sentences: 43 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24372957

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 17 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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