Whale Alert, a reputable blockchain tracker, identified two significant cryptocurrency transfers initiated by Ripple. These transfers involved nearly a billion XRP coins.
The transactions aligned with a significant rise in XRP's price over the last 24 hours. Ripple, the prominent blockchain entity, executed these transfers, reflecting their strategic management of XRP.
According to Whale Alert, the transfers included two massive releases from escrow, each amounting to 500,000,000 XRP.
