Ripple Moves 250 Million XRP to Unknown Wallet as Exchange Supply Contracts
Ripple transferred 250 million XRP to an unidentified wallet, reducing tokens available in immediate selling zones. XRP has formed a potential double-bottom pattern near $1.99, with the $2.2443 level serving as the key resistance for a move toward $2.50. Exchange reserves fell 2.51% while funding rates surged over 460%, according to CryptoQuant data.