XRP Transfers Surge: Market Activity Driven by Institutional Shifts

Recent large-scale transfers of XRP, totaling approximately $572 million, have sparked significant market attention. Whale Alert data reveals these transfers involved a substantial 267,857,140 XRP and occurred shortly after the U.S. Securities and Exchange Commission (SEC) eased restrictions on Ripple’s institutional sales. Experts suggest this signals a shift in Ripple’s liquidity management strategies as they prepare to engage with institutions more actively.