Massive XRP Transfer Fails to Sway Prices: What’s Behind the Flat Market?

A $500 million XRP transaction has stirred up the crypto community, but its impact on the price is surprisingly minimal. Despite this notable movement from Kraken, XRP remained stagnant around $2.40, even as Bitcoin reached a new all-time high above $111,000. This lack of reaction to the large transfer has raised questions about the market’s behavior.