Crypto
Mystery wallet moves 6.3 million XRP out of Upbit, then splits funds
About 6.3 million XRP moved in a large transfer from Upbit to a single wallet and was then dispersed to multiple exchange addresses, prompting speculation over the funds\' destination. The transfer was worth about $8.8 million at the time, and the receiving address was labeled unidentified. Subsequent on-chain flows show transfers to addresses linked to major exchanges including Binance and Bybit, suggesting the wallet may have served as an intermediary rather than long-term storage.