Over 724 million XRP, valued at approximately $1.99 billion, was transferred between unknown wallets in a two-hour span, according to Whale Alert. The transactions, executed in three large transfers, have drawn attention from traders and analysts due to potential market implications. Currently, XRP is consolidating near $2.81, with support at $2.72 and resistance between $3.20 and $3.40. The market is closely monitoring these developments, as the entry of these tokens into exchanges could influence price dynamics.