Ripple Abruptly Moved Another $687.2 Million in XRP. Here’s Where It Headed

Key Points

1. Ripple moved 200,000,015 XRP (approximately $687.2 million) in an internal transfer between company-controlled wallets, with a transaction cost of just 20 XRP (~$3.43).

2. The transfer was initially flagged by Whale Alert as a large anonymous transaction but was later confirmed as an internal Ripple treasury movement.

3. Recent large XRP transfers are part of Ripple's strategy to support its On-Demand Liquidity (ODL) services and institutional partnerships, not public exchange activity.

4. XRP's price has surged recently, reaching a local high of $3.65, driven by U.S. crypto regulation sentiment, Ripple's engagement with tokenized assets, and speculation about an XRP ETF.

5. Ripple's internal wallet movements reflect its strategic positioning as a liquidity and tokenization leader, with potential for more frequent large-scale transactions as it expands institutional offerings.