Revealing Ripple’s Internal Network: $100 Million XRP Transfer Highlights Complex Routing

A recent massive XRP transfer worth $100,774,102 has exposed the intricate routing patterns of Ripple’s internal network. The transaction sent a staggering 35 million XRP from one wallet to another, showcasing the company’s complex strategies for managing liquidity and fulfilling its institutional obligations. Analysis by XRPWallets reveals that this transfer involved multiple hops between different addresses, potentially concealing specific purposes. This practice is often employed by Ripple when reshuffling reserves or securing liquidity for various on-demand payment services (ODL) and other financial products such as exchange traded funds (ETPs).