According to Whale Alert, a platform that tracks significant cryptocurrency transactions, Ripple has conducted a massive transfer of $682 million worth of XRP to an unidentified wallet. This marks the company’s first significant transaction since December 21, when it moved over $200 million XRP across two transfers.

The scale of this transfer surpasses the total amount of XRP Ripple moved throughout December 2024, raising questions about the company's strategy for its native token. Some industry experts suggest such large movements may reflect internal planning and restructuring as Ripple seeks to maintain its market influence.

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