Whale Alert: Ripple Sends 200 Million XRP Into The Shadows

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Since its creation, this wallet has only interacted with other Ripple-linked addresses, strengthening the evidence that this was an internal transfer rather than funds moving to an outside entity or exchange.🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 200,000,000 #XRP (402,739,474 USD) transferred from #Ripple to unknown wallet — Whale Alert (@whale_alert) April 11, 2025 Why The Big Money Move According to crypto community figure XRP_Liquidity, who tracks Ripple’s token movements, the transaction represents standard treasury management – Ripple simply shifting money between its own accounts.

That wallet had received 300 million XRP on April 2 from another Ripple-linked address, which itself had received 500 million XRP from Ripple’s monthly escrow release.

Related Reading: XRP ETF Launch Impresses Even In Bear Market, Says Analyst Breaking From Routine Ripple broke from its traditional first-of-month schedule for its April token release.

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Author / Journalist: Christian Encila

Category: Crypto

Markets: United KingdomCanadaSouth KoreaPhilippines

Topics: Altcoins Whale Alert Xrp Whales Bitcoin Cryptocurrency Market News XRPUSD Crypto

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Article Type: News Report

Published On: 2025-04-12 @ 13:30:55 (2 days ago)

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Language: English

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