Over 100 Million XRP Worth $200.6M Moved Between Unknown Wallets

A large-scale XRP transfer involving two unidentified wallets has been recorded, raising attention in the cryptocurrency community.

XRP

Summary

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Terms & Concepts
  • XRP: A digital asset used for payments on the Ripple network, designed for fast and low-cost international transactions.
  • Wallet: A digital tool for storing, sending, and receiving cryptocurrencies, identified by unique addresses.
  • Crypto Transaction: The transfer of digital assets between cryptocurrency wallets, recorded on a blockchain ledger.