Ripple Transfers 35M XRP Amid Escrow Speculation
Ripple executed an internal transfer of 35 million XRP (approximately $107.8 million) between its own “Ripple 50” wallets, sparking community discussion about potential escrow withdrawals and market dumping. Blockchain data confirms the transaction remained within Ripple’s wallets, indicating operational expense allocation or strategic investment rather than a market sell-off. Delayed escrow withdrawals have fueled debate on the company’s liquidity management, but this move is unlikely to directly affect XRP supply. Traders should monitor future escrow release schedules and on-chain flows to assess possible price volatility.
Neutral
Internal transfers of XRP by Ripple, unlike escrow releases, do not increase circulating supply, thus limiting immediate price impact. Similar past movements have triggered speculation but rarely led to significant volatility. In the short term, traders should watch on-chain analytics and upcoming escrow schedules, as this news alone is unlikely to shift market sentiment. Long-term trends will hinge on regulatory developments and adoption metrics rather than routine internal fund allocations.