Distinguished blockchain tracker Whale Alert, which displays massive cryptocurrency transfers, has noticed an enormous XRP shift that passed off on Friday night.
The group reacted with a scorching dialogue, making guesses concerning the objective of that switch and trying to establish the collaborating wallets. Nonetheless, information supplied by an extra supply revealed the crypto large that stands behind this massive 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 had 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.
Nonetheless, information printed by XRPscan revealed that this switch was made by the Ripple blockchain large internally, between wallets each referred to as Ripple 50. The doubtless objective of that is to maneuver funds to a crypto alternate 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 regular
Over the previous two weeks, the XRP group 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 bit, however when August got here, the discharge was delayed time and again, which made some locally consider that escrow withdrawals had stopped.
Nonetheless, final weekend, the blockchain large lastly moved 1 billion XRP tokens out of escrow, thus ending all of the speculations on this topic.
