Based on Biji Network, a $184 million XRP transfer involving 95 million tokens occurred between two unknown wallets on December 22, sparking speculation in the crypto community. The transaction took place as XRP’s price rose 1.41% in 24 hours, reaching $1.93. Some believe the move aims to boost the altcoin, while others suggest it reflects institutional repositioning. XRP has maintained strong institutional demand, particularly after the launch of the first XRP ETF in early November, which has seen over $82 million in inflows in the past week.
XRP Price Rises 1.41% Amid $184M Transfer Between Unknown Wallets
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Summary
XRP price rose 1.41% in 24 hours, hitting $1.93, as a $184 million transfer of 95 million tokens moved between unknown wallets on December 22. The large transaction has fueled speculation about market manipulation or institutional activity. XRP price today remains supported by strong demand, especially after the first XRP ETF launched in early November, which has drawn over $82 million in inflows in the past week.
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