As per 36 Crypto, Ripple moved 200 million XRP ($445 million) between internal wallets mid-month, according to XRPSCAN. Whale Alert initially reported the transaction to an unknown wallet, but further analysis confirmed it as an internal transfer. The move occurred as XRP traded near support levels, with price hovering around $2.14 and below key moving averages. Technical indicators show weakened momentum, with RSI near 38.50 and resistance visible near $2.32. Ripple has not commented on the transaction, which did not affect the circulating supply.
Ripple Transfers 200M XRP Internally Amid Market Volatility
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