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$100M XRP transfer between unknown wallets draws crypto market attention

Market News
21 May 2026
UToday
View Source
Neutral
pluang ai news

A $100 million transfer of 73.18 million XRP tokens between unknown wallets has caught the attention of the crypto market, signaling increased activity among large holders. Wallets holding at least 10 million XRP have reached an eight-year high, controlling over 68% of the total supply. Meanwhile, XRP futures on CME Group marked a milestone with $63 billion in volume traded in their first year. Despite a recent price dip below the 50-day moving average, XRP remains above $1.3, with potential for a price rebound if it surpasses $1.61, possibly reaching $2 or higher in the near term.

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