A bizarre on-chain event has sparked confusion across the XRP community today.
In a span of just 62 minutes, a massive stash of 73 million XRP was transferred between five different anonymous wallets
The entire sum was valued at $151.3 million at the time of the transfer
The on-chain “hot potato”
XRP researcher Leonidas Hadjiloizou has jokingly commented that nobody wants this massive number of tokens
The fact that the entire lump sum is kept intact indicates that this is a security protocol or liquidity routing by a single large entity. This is likely an exchange or custodian
XRP is currently changing hands at $2.07
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