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- Nidhi Kolhapur
Nidhi Kolhapur
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
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Qadir AK
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Jul 23, 2025 09:29 UTC
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XRP Whales On the Move: $700M Whale Transfers Spark Buzz
Ripple-linked wallets moved over 200M XRP twice in two days, sparking speculation.
Analysts Eye $5.85 and $9.76 as the next breakout levels for XRP.
Crypto prices are on the rise, and whales are making big moves. Whale Alert recently flagged a massive XRP transfer that sparked speculation in the XRP community. As per the transaction, 200,000,005 XRP worth $700,609,232 was moved between two unknown wallets.
200M XRP Moved Back to Back
Some users believe that it could be an old whale cashing out after XRP’s latest price surge. However, XRPwallets clarified that the XRP came from a Ripple wallet (active since June 2020) and was sent to a new subwallet. This is the second transfer of the same size in a short period of time, which is raising eyebrows. The community is closely watching to see where the funds go next.
Additionally, 16.8 million XRP, worth about $58.3 million, was moved from an unknown wallet to Coinbase, likely signaling a possible sell-off or liquidity move. Traders often see this as a bearish signal.
Yesterday, over 200 million XRP, worth $687 million, was moved between two unknown wallets. XRPwallets had shared that it was again Ripple moving funds between its wallets. The transfer moved funds from a wallet opened in 2020 to a newly created one. Before this, another big Ripple-linked transfer of 210 million XRP ($738M) was also tracked.
XRP Eyes $5.85 and $9.76 Next
The community is buzzing as whale transfers usually hint that whales are making strategic moves, like taking profits after a price surge, moving funds to prepare for big trades, or bracing for volatility. XRP has been smashing new highs lately. It is currently trading at $3.47, up 0.5% in the last 24 hours.
- Also Read :
- Ripple’s National Trust Bank Charter Could Get Fast-Tracked—If the Fed Wants It, Says Analyst
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Analyst Dark Defender says that XRP is gearing up for its next big move, targeting $5.85 and $9.76 based on Fibonacci levels. Support levels are holding strong around $3.39 and $3.52, which means it could be ready for another leg up.
XRP Gets Spotlight in Bitwise ETF approval; But Approval On Hold
Recently, the SEC initially approved Bitwise’s plan to convert its Bitwise 10 Crypto Index Fund (BITW) into a spot ETF, which includes XRP alongside BTC, ETH, SOL, and others. This would mark a major step for XRP toward full regulatory recognition.
However, shortly after, the SEC hit pause on the approval, creating fresh uncertainty around crypto ETF rules. Nevertheless, XRP’s inclusion in top-tier ETFs shows growing institutional interest.
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FAQs
A 200M XRP transfer worth $700M between Ripple wallets sparked buzz over possible whale moves or profit-taking.
A 16.8M XRP move to Coinbase may signal a potential sell-off, often viewed as bearish by crypto traders.
Yes, XRP is part of Bitwise’s ETF plan, though the SEC has paused final approval, delaying regulatory clarity.
Yes 
No 
