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A wallet labeled Uphold(12) sent 100 million XRP each to five brand-new addresses within 16 minutes on September 17, totaling 500 million XRP worth roughly $649 million (about 896 billion won) at the time. The sequencing pattern, with the five addresses created only hours earlier and pre-funded with 60, 70, 80, 90 and 100 XRP to satisfy the XRP Ledger minimum reserve, points to an orchestrated custody or wallet-restructuring operation rather than confirmed selling, and no evidence of liquidation or client outflows has surfaced. The market-relevant test is whether any of these balances subsequently land on exchange deposit addresses; sustained transfers into centralized venues would convert a neutral internal movement into genuine spot supply pressure on XRP.
As a Crypto signal, watch whether it changes price action, volatility, or flows around XRP.
Original Source: 토큰포스트
This page is market information analysis, not investment advice.
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