XRP’s Wild Ride: Someone’s Busy 🤖

Apparently, the XRP Ledger is having a little… activity. A “prominent ecosystem contributor” named Vet – which sounds less like a person and more like a veterinarian specializing in crypto pets 🐕 – noticed something odd. A lot of AccountSet transactions. Like, too many. It’s the kind of thing that makes you wonder if someone’s building a digital army of wallets.

We’re talking 20,000 to 40,000 of these things. Which, to the uninitiated, sounds like a perfectly reasonable number of online accounts. But apparently, not for regular XRP users. It’s like suddenly all the hamsters on the internet decided to open brokerage accounts. Someone’s prepping, testing permissions, the whole shebang. Preparing for… what, exactly? Honestly, who knows. Probably something very important. Or maybe just a really elaborate digital pen pal scheme.

This reminds me of BitGo, who had a bit of a robot uprising a few months back. Their automated system decided it really liked creating XRP accounts, drained the reserve in the process, and then got stuck sending microscopic payments. It was like watching a tiny, digital Scrooge McDuck swim in a puddle of pennies. 🦆 This new thing, though, is different. Controlled. Deliberate. And much, much bigger.

Someone is doing a lot of AccountSet TXs on the XRP Ledger recently. Even after BitGo stopped.

– Vet (@Vet_X0) November 29, 2025

AccountSet, for those of us who don’t spend our days decoding blockchain mysteries, is what happens when someone’s tinkering with the system. Updating keys, flags, wallet clusters… basically building a digital mansion. And Vet points out, regular folks don’t go around building digital mansions. Unless they’re really into virtual real estate, I guess. 🤷

XRP is facing exchange shortage

And just to add another layer of intrigue, a bunch of XRP is leaving Binance. 68 million, actually, in the last week. Meanwhile, other exchanges are seeing an influx. Is this all connected? Probably. Is anyone actually explaining it coherently? Absolutely not. It’s all very thrilling, in a “someone is rearranging furniture on the Titanic” kind of way. 🚢

So, who’s behind it all? Your guess is as good as mine. Someone’s shuffling things around, the ledger is working overtime, and I’m starting to think I should have invested in a good tin foil hat. 👽

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2025-11-30 15:01