Ripple Moves 65 Million XRP Worth Over $121 Million as Price Trades in Red

On Tuesday, December 23, Ripple transferred 65 million XRP valued at over $121 million to an unknown address in a single transaction, according to data from Whale Alert. The move came while XRP was trading around $1.89 with a 0.42% daily drop, raising speculation that the transfer could relate to potential selling, liquidity needs, or internal business operations.