- Over 724M XRP (~$1.99B) was transferred between unknown wallets within two hours.
- Such activity could indicate OTC deals, institutional repositioning, or internal wallet reshuffling.
- XRP consolidates near $2.81 with support at $2.72 and resistance at $3.20–$3.40.
The XRP market witnessed a surge of whale activity on Monday as blockchain tracker Whale Alert reported three massive transfers totaling more than 724 million XRP. The transactions, completed within a two-hour window, have drawn attention from traders and analysts who closely monitor such moves for potential market impact.
Details of the Transfers
According to Whale Alert, the following transactions were executed between unidentified wallets, adding intrigue and speculation to the movement.
As per the data provided, the first transaction moved 230,769,933 XRP (valued at about $637 million) from one unknown wallet to another. Shortly after, another shift was recorded carrying 236,982,903 XRP (worth approximately $654 million).
Finally, the third transfer moved 257,105, 694 XRP (totalling $706 million). Combined, the transfers represent roughly $1.99 billion in XRP moving across the blockchain in a short span of time.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 257,105,694 #XRP (706,032,885 USD) transferred from unknown wallet to unknown wallethttps://t.co/ncvOpojTvf
— Whale Alert (@whale_alert) September 1, 2025
All three originated from unknown wallets and were sent to other unidentified addresses, offering little immediate clarity about the purpose of the transfers.
Also Read: Fact Check: Did BlackRock Really Dump Bitcoin to Buy XRP Ahead of Spot ETF Filing?
Possible Implications
Large-scale wallet movements of this magnitude can often signal shifting market dynamics. Such transactions may be linked to over-the-counter (OTC) deals, institutional repositioning, or internal wallet reshuffling by major holders.
While no exchange deposits have been confirmed, traders remain alert to the possibility that these tokens could enter circulation, potentially adding volatility to the market.
Historically, large whale transfers have sometimes preceded major price swings in XRP, though not always in a predictable direction. The sheer scale of the activity suggests heightened activity among high-value investors at a time when XRP continues to consolidate around the $2.80–$3.00 range.
XRP in Consolidation Phase
At press time, XRP is consolidating near $2.81, with strong support identified in the $2.72 zone and resistance capped around $3.20–$3.40. Market depth data suggests that a sudden influx of liquidity from whale wallets could test these levels.
Open interest in XRP futures has dropped from $3.5 billion earlier this quarter, indicating that speculative leverage has diminished. Meanwhile, spot demand remains steady, suggesting that whale accumulation is being met with organic buying.
If any portion of the nearly $2 billion in XRP enters exchanges, order book pressure could weigh on price action. Conversely, if the transfers represent OTC settlement or cold storage reshuffling, the broader market impact may be negligible.
Market Watching Closely
With nearly $2 billion worth of XRP on the move, the community is bracing for potential ripple effects in the days ahead. If the assets remain off exchanges, the impact may be limited. However, if these tokens begin flowing into trading platforms, increased selling pressure could emerge.
For now, XRP traders and analysts will closely monitor on-chain flows to see whether this burst of whale activity signals a larger shift in market sentiment or simply represents an internal reallocation among deep-pocketed investors.
Also Read: Crypto Expert Sends Important Message to XRP Holders Amid Trying Times
