An 18 million XRP transaction worth around $56 million has been sent to Ripple's main wallet, sparking speculation in the cryptocurrency market. Dive into the strategic implications of this move shaking up the crypto space.
On October 6, 2025, data from Whale Alert, a platform that monitors large cryptocurrency movements, highlighted an unusual transfer: 18,744,800 XRP, worth approximately $55.87 million, was sent from an anonymous wallet to one of Ripple Labs‘ main accounts.
While this movement might seem mysterious, XRP network experts recognize it as a typical structural operation for Ripple. The company regularly conducts internal token transfers to fuel its various services and products, including:
Despite this apparent normality, the silence surrounding the exact timing and context of the transaction leaves room for numerous interpretations in the market.
At the time of the transaction, he was hovering around $2.99. The daily chart reflects a certain consolidation, with a technical support identified at $2.93 and resistance at $3.05.
On an hourly timeframe, the price is evolving within a narrow range, recording volatile movements: rapid drops toward $2.95 followed by equally sharp rebounds. Traders positioned on Ripple identify two probable scenarios:
The aforementioned transaction, although presented as a simple reallocation, could impact the token’s daily volatility.
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Gaston has been a writer for over 7 years and a passionate cryptocurrency enthusiast since 2020. He loves exploring the crypto ecosystem and is now dedicated to sharing his insights and discoveries through InvestX.
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