{"id":627628,"date":"2024-07-04T03:00:08","date_gmt":"2024-07-04T03:00:08","guid":{"rendered":"https:\/\/ktsl888.com\/?p=627628"},"modified":"2024-07-03T19:27:16","modified_gmt":"2024-07-03T19:27:16","slug":"200-million-xrp-tokens-move","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/xrp\/200-million-xrp-tokens-move\/","title":{"rendered":"200 Million XRP Tokens On The Move, Where Are They Headed?"},"content":{"rendered":"
On-chain transaction data shows the <\/span>XRP <\/span><\/a>ecosystem recently witnessed an enormous movement of 200 million XRP tokens worth $94.5 million ahead of the <\/span>periodic unlock from escrow<\/span><\/a>. This transaction was recorded on-chain on June 30 between two unknown wallets, indicating it isn’t an escrow unlock. Although the periodic unlock has already been completed since this transaction, XRP traders and enthusiasts are still fascinated by its enormous nature, prompting a detailed look into the on-chain data.<\/span><\/p>\n According to on-chain data initially noted by large transaction tracker Whale Alerts, 200 million tokens were transferred from an unknown wallet to another unknown wallet on June 30, 2024. The XRP ecosystem is home to many whale addresses, so large transactions from whales <\/span>are a common sight<\/span><\/a>. The majority of these involve transactions from unknown addresses and crypto exchanges, and vice versa, indicating periods of whale selloffs and accumulations.\u00a0<\/span><\/p>\nBreaking Down The 200 Million XRP Transfer<\/h2>\n