Summary: Two Enormous XRP Ledger Accounts Activated. Is Ripple Involved?

Published: 0 minutes ago
Based on article from U.Today

Who Holds the Keys to 400 Million XRP? A Blockchain Mystery Unfolds! The XRP Ledger community is buzzing with speculation following the recent activation of two colossal accounts. Each account is loaded with 200 million XRP, totaling a staggering 400 million XRP. This significant movement has ignited a fiery debate: could these belong to blockchain giant Ripple? According to Vet, co-founder of xrp.cafe, the answer appears to be no. Vet meticulously cross-referenced Ripple's official toml file, which lists all its known XRP and RLUSD issuer accounts. The activated accounts were conspicuously absent from this definitive list. While the toml file primarily details escrow accounts, and unlisted operational accounts aren't entirely ruled out, Vet asserts that such massive holdings should unequivocally trace back to known entities. He emphasized that operational accounts are for distribution, not for storing immense wealth, which is typically handled by escrow or issuer accounts. The XRPL validator hasn't definitively excluded Ripple's ownership. Yet concrete proof remains elusive, making it challenging to attribute these mysterious funds. The lack of a clear provenance for these enormous XRP caches raises significant questions within the ecosystem. This intriguing development unfolds against a turbulent backdrop for the XRP token. XRP has recently suffered an 8% market plunge. The emergence of these opaque, multi-million XRP accounts only adds another layer of intrigue to the volatile world of cryptocurrency. It leaves the community to wonder who truly controls this digital fortune.

Cookies Policy - Privacy Policy - Terms of Use - © 2025 Altfins, j. s. a.