In a recent development within the cryptocurrency sphere, Ripple, a prominent player in the industry, made headlines for transferring 150 million XRP tokens to an unfamiliar destination. The transfer was documented by Whale Alert, a platform that monitors large cryptocurrency transactions. The XRP was moved from Ripple’s wallet to an undisclosed address identified as “rP4X2.” Notably, the initial transfer of 70 million XRP to this address took place in October 2023. With this latest transfer, the “rP4X2” address now boasts a total holding of around 173.661 million XRP.
