Ripple Moves 50M XRP, Sends 1M to Binance
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A Ripple-linked address moved 50 million XRP (about $50.5 million) in August to an unknown wallet raRV…yNRf after receiving 150 million XRP earlier this month. On-chain data also notes a separate 1 million XRP sent to Binance, signaling on-chain redistribution of Ripple holdings that may indicate treasury rebalancing or create short-term selling pressure in the crypto market.
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A Ripple-linked address has moved 50 million XRP to an unknown wallet after receiving 150 million XRP earlier this month. On-chain data shows that the Ripple (50) address sent the 50 million XRP worth $50.5 million at the time to raRV…yNRf on Aug.
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