Ripple Makes Massive $682 Million $XRP Transfer

Ripple sent $682 million worth of XRP to an unknown wallet, the biggest transfer since Dec. 21. The high value of XRP tokens owned by Ripple should be taken into account when valuing the private company, according to CEO Brad Garlinghouse. Despite XRP's strong rally in Q4 2024, it has struggled to keep up so far in 2025 due to the weak cryptocurrency market caused by Bitcoin's performance. XRP is currently trading at $2.30.

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