Ripple Transfers 75 Million XRP Worth $107.1 Million to Unknown Wallet

Blockchain tracking data indicates 75,000,000 XRP moved from Ripple to an unidentified address, highlighting a large on-chain transfer involving the token.

XRP

Summary

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Terms & Concepts
  • XRP: A digital asset used on the XRP Ledger (blockchain for payments), commonly associated with Ripple.
  • On-chain transfer: A cryptocurrency movement recorded directly on a blockchain, allowing wallet-to-wallet transactions to be publicly tracked.
  • Wallet: A blockchain address or application used to hold, send, and receive digital assets.