100 Million XRP Worth $202M Moved Between Unidentified Wallets

A major XRP transfer involving two unidentified wallets has been recorded, totaling over $202 million in value.

XRP

Summary

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Terms & Concepts
  • XRP: A digital asset used on the XRP Ledger, designed for fast and low-cost international payments.
  • Wallet: A digital storage tool for holding and managing cryptocurrencies, which can be software-based or hardware-based.
  • Blockchain Transaction: A recorded transfer of cryptocurrency between wallets, permanently stored and verifiable on a blockchain ledger.