A Ripple-linked wallet transferred 50 million XRP worth about $50.5 million to an unknown address on August 13, according to on-chain data. The wallet had received 150 million XRP earlier this month. The receiving address has so far moved 1 million XRP to a wallet linked to Binance, potentially indicating plans to sell. The remaining 49 million XRP are still in the wallet. The transfer does not confirm a sale, but the next movement of the funds could draw attention.
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