214 Million XRP Moved By This Exchange In One Transaction Stuns XRP Army
2025-07-09 12:59:11
Main Idea
A massive transfer of 214 million XRP (valued at $499.7 million) by exchange Uphold was reported, sparking speculation but showing no immediate market impact.
Key Points
1. Whale Alert reported a transfer of 214,148,716 XRP (worth ~$499.7 million) between Uphold-labeled addresses on July 9, 2025.
2. The transfer was initially flagged as suspicious but later confirmed as an internal movement, not a whale dump.
3. XRP's price remained stable at around $2.37 despite the large transfer.
4. The XRP community is closely monitoring such movements, especially amid speculation around XRP ETFs and Ripple's banking partnerships.
5. The transfer highlights the efficiency of the XRP ledger for large-scale transactions.
Description
In a massive on-chain movement that has jolted the XRP community, blockchain tracking platform Whale Alert reported the transfer of 214,148,716 XRP, valued at approximately $499.7 million, on July 9, 2025. Though initially flagged as a movement between unknown wallets, further investigation revealed that both the sender and recipient addresses belong to Uphold, a prominent digital asset exchange and custody platform. Whale Alert Flags Half-Billion Dollar XRP Transfer Whale Alert’s post, shared v...
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