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$200M Worth of XRP Transferred Between Unknown Wallets

A single transaction moved 100 million XRP tokens, valued at approximately $200.56 million, from one unidentified wallet to another.

XRP

Summary

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Terms & Concepts
  • XRP: A cryptocurrency associated with Ripple Labs, often used for fast and low-cost cross-border payments.
  • Wallet: A digital storage tool that holds cryptocurrencies, secured with private keys.
  • Crypto Transaction: A transfer of cryptocurrency between wallets recorded on a blockchain ledger.