#24 million XRP large transfer#

Recently, a transfer of 24 million XRP worth approximately $60.63 million from the South Korean exchange Upbit to an unknown wallet has sparked market attention. According to monitoring data from Whale Alert, this massive transfer occurred recently, but the specific time has not been released. The source and purpose of this fund, as well as the specific wallet address it was transferred to, are still unclear. Some analysts speculate that this could be a fund movement by institutional investors or large traders, or it could be an internal fund transfer within Upbit. However, due to the lack of more information, the true purpose of this transfer cannot be determined at present. This massive transfer has also sparked market speculation about the price trend of XRP. Some investors believe that this may signal an upcoming rise in XRP price, while others remain cautious, believing it could be just a routine operation by institutional investors.