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Ripple Transfers 120 Million XRP to an Unidentified Wallet
Ripple had previously locked 500 million XRP in escrow, an action tied to circulating supply.
Ripple recently transferred 120 million XRP to a wallet with no identified owner. The movement prompted speculation about possible effects on market sentiment and trading.
Ripple had previously locked 500 million XRP in escrow, an action tied to circulating supply.