Unprecedented XRP Activity Sparks Institutional Prep for Liquidity Events

XRP transaction volume has surged dramatically, a significant deviation from previous occurrences like the BitGo incident. This spike appears deliberate and is indicative of pre-emptive activity by institutional players. Analysis suggests it could be linked to configuring wallets, setting up key infrastructure, and testing permissions in preparation for larger market activities. 40,000+ transactions were recorded in a short timeframe, a stark contrast to the recent BitGo script failure, showcasing controlled and intentional activity.