Ripple Moves 534M XRP Across Wallets as Price Hits 15-Month Low
Ripple shuffled 534,000,000 XRP across four wallets within about three hours amid a fresh selling wave that pushed XRP to a 15-month low. On-chain trackers first recorded a 200M XRP transfer from rBg…91m to rJq…8nE, followed by a 100M XRP move to the same Ripple-controlled address, totalling 300M XRP routed to a central wallet. From that address, Ripple moved smaller tranches (20M and 15M XRP) and later re-routed 117M XRP to rnU…R5J, an address activated by Ripple in 2021. That 117M was then forwarded to rpx…ZY1, an address with no direct on-chain attribution to Ripple but previously linked to recent whale activity and large intra-XRP flows (including a 120M accumulation and part of 1.59B XRP shuffled since the start of the year). The transactions coincided with XRP collapsing to about $1.11 before a mild recovery to $1.29. The moves highlight continued Ripple-controlled circulation of large XRP reserves and possible coordination with persistent whale wallets, adding short-term bearish pressure on price amid heavy selling. (Keywords: Ripple, XRP, whale transfers, on-chain, price decline)
Bearish
Large, concentrated transfers of XRP from addresses known to be controlled by Ripple — including routing through wallets that have previously been central to major whale flows — typically increase circulating supply available to market sellers and heighten short-term selling pressure. The timing of the 534M XRP shuffle coincided with a price drop to a 15-month low ($1.11), indicating the moves either reflected or contributed to bearish sentiment. Historically, sizeable coordinated movements by project-controlled reserves or persistent whale wallets have preceded extended downtrends or volatility spikes (e.g., past large Ripple distributions and whale offloads that pressured XRP price). Short-term impact: elevated volatility, increased liquidation risk, and downward pressure on XRP spot and derivatives prices as traders react to potential additional sell-side supply. Long-term impact: dependent on whether the transfers represent redistribution between Ripple-controlled operational wallets, sales to market makers, or accumulation by other whales. If Ripple is reallocating within custodial wallets, long-term price implications may be limited; if transfers signal continued selling into the market, longer-term bearish pressure could persist. Traders should watch on-chain flows, exchange inflows, and order book pressure for confirmation before taking directional positions.