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Ripple Moves $498M in XRP to Unknown Wallet—Another Opaque Crypto Shuffle

Ripple Moves $498M in XRP to Unknown Wallet—Another Opaque Crypto Shuffle

Published:
2025-06-06 23:43:56
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Ripple just shifted a jaw-dropping 230 million XRP—worth half a billion dollars—to a mystery address. No explanation, no transparency—just another day in crypto’s wild west.

Who’s behind the wallet? A whale? An exchange? Ripple itself? The company’s notorious for its massive escrow releases, but this move raises eyebrows even by their standards.

Meanwhile, traditional finance guys are still trying to figure out if XRP is a security. Good luck with that.

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