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Ripple Moves 150 Million XRP, Fueling An 11% Price Surge

  • Ripple Labs has transferred 150 million XRP to an unknown wallet, sparking speculation about its intentions.
  • The transfer comes at a time when rumors of an XRP Exchange-Traded Fund (ETF) are circulating.
  • The wallet receiving the XRP has been regularly receiving transfers from Ripple since October 2023, leading to various theories among XRP proponents.
  • The concept of an XRP ETF has generated positive sentiment, with XRP's price rising 11% in the past week and trade volumes increasing.

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