Ripple suddenly transferred 150 million XRP to an unknown asset. What is the intention?

Today, Ripple launched a large-scale XRP transfer operation, transferring millions of XRP tokens to unknown addresses. 150 million XRP were transferred from Ripple's address "rBg2F" to the address "rP4X2".

This large-scale and mysterious XRP transfer raises questions about future price trends and Ripple's intentions.

The community speculates that the company may be selling, but the specific motive remains unclear. The transfer of about $78.2 million may involve another cryptocurrency company, but it has not been confirmed.

Meanwhile, the price of XRP fluctuates in a narrow range of about half a dollar per coin. After falling more than 15% in early April, the price of XRP has been trading in a range of no more than 5%, jokingly called a stablecoin.

This stagnant trading range indicates that the digital asset is about to see a major trend, and the core reason is still the legal dispute with the SEC.

Although the fluctuation is not big, the price is relatively stable and will not fall sharply in the short term. It is a good time to do swing trading and make stable profits. You can participate with confidence. If you are worried that the price is not easy to control, please read carefully. For more strategies, please find me on the official account: Web Wanxiang