- Ripple shifts $100M XRP, fueling speculation on liquidity positioning.
- XRP price struggles near $2.80 as support faces market pressure.
- Analyst Ali spots bullish TD Sequential signal hinting potential reversal.
A massive XRP transfer worth $100,774,102 has stirred fresh market discussions after 35 million XRP shifted across multiple wallets. According to XRPWallets, the movement was not a simple exchange between holders but a structured transaction that ultimately pointed back to Ripple.
The originating address divided the transfer into two routes. Around 10 million XRP moved in one direction, while the larger 35 million XRP passed briefly through a Ripple-associated wallet. From there, almost 30 million XRP ended up in a destination already linked to Ripple’s On-Demand Liquidity network.
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Ripple’s Fingerprints on the Transfer
To casual observers, the transfer may look like unknown wallets moving funds without purpose. However, this pattern is consistent with Ripple’s approach to managing its reserves, positioning liquidity for corridors, or meeting obligations with institutional clients. The hops and unlabeled accounts mask the full intent, yet the final destinations often reveal Ripple’s involvement.
The timing comes as XRP’s price faces market pressure. The token has fallen 7.82 percent in the past week, dropping from above $3.40 earlier in August to around $2.84 now. That decline places XRP at a critical level, with the $2.80 zone acting as key support.
Holding above this point could create space for recovery toward $3.20 to $3.40. Conversely, a clear break lower may drag the price back to the $2.40 to $2.50 range, where the July rally first began.
Impact on Liquidity and Market Sentiment
The scale of the transfer is significant, as 35 million XRP equals nearly one-third of daily spot turnover on some midtier exchanges. Such moves highlight Ripple’s continuing influence over liquidity and its ability to shift tokens into strategic positions.
Market participants are now watching closely for further transfers. If Ripple continues positioning funds within its On-Demand Liquidity network, the flows could signal preparations for upcoming transactions or client settlements.
Chart Highlights the Turning Point
According to Ali, a well-followed crypto analyst, XRP has just triggered a bullish TD Sequential signal. After a sharp decline from recent highs, the indicator has now flipped to a nine-count buy setup near $2.86. This reading suggests that selling pressure could be fading, giving XRP a possible short-term chance to stabilize.
Conclusion
The $100 million XRP transfer has once again put Ripple’s movements in the spotlight. With the tokens heading into On-Demand Liquidity wallets, the market is left to weigh whether this signals stability ahead or more volatility for XRP.
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