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Ripple transfers 487 million XRP mysteriously
On June 4th, Ripple unlocked 1 billion XRP tokens, previously the company had locked 670 million tokens in the escrow fund (.
Some people believe that the transfer of 487 million XRP is a negative sign for the XRP token. According to data from the coin price table, XRP is currently trading at 2.18 USD, up 3% in the past 24 hours.
Earlier, on Friday morning, 50 million XRP ) equivalent to 108 million USD at the time of transfer ( was also transferred from an unidentified wallet to another unidentified wallet.