Ripple has just made a massive move that’s turning heads in the crypto world. A whopping 200 million XRP—worth roughly $402 million—was transferred to an unknown wallet. The transfer was first flagged by blockchain tracker Whale Alert, showing Ripple’s official wallet sent the funds to an address that hasn’t been identified.
This kind of large-scale transfer naturally raises questions. Some in the community think Ripple might be preparing for something major, possibly linked to regulatory developments or an over-the-counter (OTC) trade. Others suggest it could simply be for internal fund management. So far, Ripple hasn’t made any public comment.
Interestingly, this comes just as Ripple and the U.S. SEC have requested the court to pause their ongoing legal case. It’s sparking optimism that both sides might be moving toward a smoother resolution.
Meanwhile, momentum is building in XRP’s favor. The very first XRP exchange-traded fund (ETF) was launched in the U.S. earlier this week, adding fresh confidence to the asset. On-chain data shows more active addresses and growing investor interest.
Despite the uncertainty, XRP’s price remains solid—hovering around $2.02 at the time of writing. It’s up around 1.29% in the last 24 hours, with a market cap of nearly $118 billion and over $3.8 billion in daily trading volume.
Some analysts are more bullish than ever. Crypto strategist EGRAG CRYPTO believes XRP could rally hard in the coming months. If history repeats itself, he sees a path to $19—or even $45—based on patterns from the 2017 and 2021 bull runs.
For now, all eyes are on Ripple. Whether this big move is just routine or a sign of something bigger, one thing is clear—XRP is still very much in the game.
