May 14, 2025

XRP Price Surges as Ripple Labs Transfers $87 Million to Unknown Wallet

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On June 17, 2024, Ripple Labs transferred 150 million XRP tokens, valued at $87.49 million, from one of its wallets to the well-known “rP4X2” wallet. Data from the WhaleAlert blockchain analytics account revealed the transaction. The rP4X2 address, activated in 2023 with a transfer of 70 million XRP, has seen increased activity, suggesting it is The post XRP Price Surges as Ripple Labs Transfers $87 Million to Unknown Wallet appeared first on Coin Edition .

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