A mysterious whale has transferred $800 million worth of XRP in four separate transactions, each consisting of 100,000,003 XRP valued at approximately $200.6 million. These movements occurred just days before the anticipated launch of the 21Shares ETF on December 15. The transfers, tracked by Whale Alert, originated from unknown wallets, sparking speculation about potential market repositioning in anticipation of ETF inflows.
Analysts suggest these significant transfers could impact XRP liquidity and influence ETF outflows as the market prepares for the new financial product. The timing and scale of these transactions have drawn attention, highlighting the potential for strategic adjustments by large holders in the cryptocurrency market.
$800M XRP Whale Transfers Stir Market Ahead of 21Shares ETF Launch
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