In a move that has sparked concern among XRP holders, nearly 500 Million XRP has been transferred from undisclosed wallets to major exchanges Bitvavo, Bithumb, and Bitstamp.

The transactions, detected by Whale Alert, come at a pivotal time for XRP, which has been regaining ground after a recent dip to $0.43. This significant movement of XRP has raised speculation about the intentions behind these transfers and the...