According to data from the XRPL Monitor bot that tracks down numerous XRP transactions on a daily basis, the blockchain behemoth Ripple recently wired thirty million XRP to an anonymous wallet.
However, data shows that this wallet could be one of those set up by Ripple as an extra escrow storage address.
Ripple wires 30 mln to an alleged escrow wallet
Whale Alert also spotted the aforementioned blockchain transaction by Ripple—sent to anonymous wallet rMND5vHirAL1AUCDfqvGtBkgnEgVeB4X7h and activated by a user going by the nickname RL18-VN.
A user from an eToro forum, David Kaye, wrote two years ago that Ripple had created four extra escrow wallets. One of them bore the nickname RL18-VN.
According to analytics website Bithomp, this XRP address is often mentioned in XRP transactions as either the sending or receiving party.
The eToro user assumed that the creation of these four extra escrow wallets by Ripple signified that some major financial institutions might have been locking up gargantuan amounts of XRP for later use.
Over the past week, Ripple has transferred 90 mln XRP to anonymous wallets, according to the website ClankApp.
Ripple gets on the list of the most innovative workplaces
As CryptoComes reported previously, the blockchain behemoth Ripple has been included in the top 100 list of the most innovative workplaces by Fast Company.
On this list, the San-Francisco-based DLT giant appears together with such business leaders as Amazon, Intel and Google.
