Ripple’s Internal Transfer Sparks Market Curiosity Amidst XRP Price Slump

Ripple recently executed a sizable internal transaction of 200 million XRP worth around $445 million, triggering market speculation and raising questions about the company’s liquidity strategy. While the exact purpose remains unclear, analysts are scrutinizing the timing and correlation with XRP price movements. The transfer was confirmed by XRPSCAN to be an intra-wallet movement.