Whale Alert: Ripple Sends 200 Million XRP Into The Shadows

San Francisco-based Ripple has transferred 200 million XRP tokens, worth approximately $400 million, between company-controlled wallets. The massive movement occurred today and was first spotted by cryptocurrency tracking service Whale Alert. Related Reading: Bitcoin Maxi Takes Aim: Ethereum’s True Value? Lower Than You Think Tracking The Money Trail The transaction initially appeared to be heading to an unknown destination when Whale Alert reported the funds moving to an unidentified address ‘rP4X2…sKxv3’. But blockchain analytics platform Bithomp later clarified that both the sending and receiving wallets belong to Ripple source: https://www.newsbtc.com/news/whale-alert-ripple-sends-200-million-xrp-into-the-shadows/