Outstanding blockchain tracker Whale Alert, which screens giant cryptocurrency transfers, has noticed a large XRP shift that came about on Friday night.
The neighborhood reacted with a scorching dialogue, making guesses concerning the objective of that switch and making an attempt to establish the taking part wallets. Nevertheless, information offered by an extra supply revealed the crypto big that stands behind this huge XRP transaction.
🚨 🚨 🚨 🚨 🚨 35,000,000 #XRP (107,775,259 USD) transferred from unknown pockets to unknown wallethttps://t.co/59pSuVDXjh
— Whale Alert (@whale_alert) August 15, 2025
35,000,000 XRP on transfer by Ripple
In response to the above-mentioned information supply, 35,000,000 XRP valued at a formidable $107,775,259 have been transferred between two nameless blockchain addresses roughly 13 hours in the past.
Commentators started speaking about whales dumping XRP, concerning the bearish altcoin market coming nearer, and expressing related opinions.
Nevertheless, information revealed by XRPscan revealed that this switch was made by the Ripple blockchain big internally, between wallets each known as Ripple 50. The doubtless objective of that is to maneuver funds to a crypto change to promote, to XRP-based ETPs, to make different investments, or to cowl Ripple’s present operational bills.
Ripple completes August escrow withdrawal later than common
Over the previous two weeks, the XRP neighborhood has been speculating as as to if Ripple has stopped its common escrow withdrawals. Since 2018, the corporate has been releasing 1 billion cash each first day of a brand new month.
Over the previous few months, this schedule has shifted a little bit, however when August got here, the discharge was delayed repeatedly, which made some in the neighborhood imagine that escrow withdrawals had stopped.
Nevertheless, final weekend, the blockchain big lastly moved 1 billion XRP tokens out of escrow, thus ending all of the speculations on this topic.
