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Home » Ripple Transfers 200,000,000 XRP to an Unknown Address: Potential Destinations for the Funds
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Ripple Transfers 200,000,000 XRP to an Unknown Address: Potential Destinations for the Funds

By adminAug. 19, 2025No Comments2 Mins Read
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Ripple Transfers 200,000,000 XRP to an Unknown Address: Potential Destinations for the Funds
Ripple Transfers 200,000,000 XRP to an Unknown Address: Potential Destinations for the Funds
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Ripple Moves 200,000,000 XRP to Unknown Address: Here’s Where the Funds Could be Heading

August 19, 2025

XRP worth millions of dollars has exchanged hands between Ripple and an unmarked address amid a sideways price trend. While the market dumped, Ripple moved XRP. Whether it is selling or just shuffling, the hefty transaction has made the rounds within crypto circles.

Whale Alert pointed to this transaction in a tweet on Monday, which involved the cross-border payment giant and an unidentified wallet. Specifically, a wallet tied to the firm moved 200 million XRP to a new destination. This indicates that the Monday transaction was an internal XRP move by Ripple. Notably, the firm does this for several purposes, such as to provide liquidity for its settlement venture, fund institutional deals, or merely shuffle reserves.

Nonetheless, the Ripple (50) address has a history of shifting received funds to another unmarked address, “raRVLN.” This wallet has usually transferred them to Binance for possible sales. As a result, while it still holds on to the stash at the time of writing, the 200M XRP received could end up on exchanges.

Shift Follows XRP Price Uncertainties

Meanwhile, what was more speculative about the internal shift was that it came on the back of a poor start to the week by the broader crypto market. Notably, Bitcoin dumped to $114,700 on Monday as long-term holders shifted $3.7 billion in BTC.

The onslaught did not spare XRP, which briefly fell below the $3 support before rebounding to trade at $3.01 at the time of writing. Notably, XRP has now dumped 21.6% from a high of $3.66 reached on July 18.

Remarkably, analysts have emphasized that XRP needs to reclaim levels between $3.30 and $3.40 or face further downsides to $2.60 or even $2. Nonetheless, there is strong support at $2.81, where 1.7 billion XRP serves as a demand wall.

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