Ripple News: Evernorth Holdings Linked XRP Coins on Move, What’s Happening?
XRP coins associated with Evernorth Holdings, the largest XRP treasury, are being transferred ahead of the first XRP ETF launch under the 1933 Act this week, causing speculation in the crypto community as XRP price drops to $2.38.
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XRP Coins Movement by Evernorth Holdings
Ripple News: XRP coins associated with Evernorth Holdings, noted as the largest XRP treasury, have reportedly been on the move. This highlights significant activity in the Ripple ecosystem.
Speculations Around the First XRP ETF Launch
The transfer of massive amounts of XRP comes ahead of the first-ever XRP ETF launch under the 1933 Act, scheduled for this week. This development has sparked intense speculation within the cryptocurrency community.
XRP Price Reaction
Following the news and speculations, the price of XRP slipped to $2.38. This price movement has raised questions about the potential impact of these developments on the market.