Ripple Moves Massive XRP, Sparks Speculation Amidst SEC Update and ETF Delay

Ripple has transferred a substantial amount of XRP, valued at over $606 million, to an unknown wallet, raising questions about the company’s intentions. While this transfer is not unprecedented for Ripple, the lack of a clear destination adds intrigue. The token’s price remains relatively stable around $3.00 despite this activity and the SEC’s delay on XRP ETFs, prompting market speculation regarding the potential implications.