128 Million Dollar XRP Transaction Draws Attention

In the middle of a 5 % drop over 24 hours, nearly 96 million XRP were transferred between two unknown wallets, according to on-chain data. Spotted by Whale Alert, this massive transaction occurs in a context of increased pressure on the asset. Technical coincidence or a signal to watch? The operation’s timing rekindles questions about the XRP dynamics.

A transfer of 95.9 million XRP detected on the blockchain

According to the reported information, a large-scale transaction was recorded on the XRP network, while the crypto was experiencing a drop. The movement was detected by the Whale Alert tracking service, known for reporting significant transfers involving large amounts of cryptos.

The transaction occurred while XRP was already showing a decline in the session. Indeed, the market context makes this kind of movement particularly visible, with investors closely monitoring any unusual activity likely to affect the short-term price.

The precise data communicated are as follows :

• 95,935,471 XRP were transferred ;
• The transaction represented approximately 127,796,391 dollars ;
• The funds were moved between two unknown wallets ;
• At the time of transfer, XRP was trading around 1.33 dollars ;
• The asset showed a drop of about 5.36 % over 24 hours.

Also, the addresses involved are not publicly associated with any exchange platform or identifiable entity. No formal attribution can therefore be established at this stage.

A sensitive timing in a pressured market

Beyond the numbers, this transaction occurs while XRP evolves in a prolonged bearish environment. The absence of indication on the real destination of the funds leaves room for different hypotheses, some observers mentioning the possibility of a potential sale or strategic repositioning.

No confirmed data allow affirming that it is a transfer to an exchange platform. Since the movement was made between two unknown wallets, it may also correspond to a simple internal reorganization of funds.

In a weakened market, this type of transaction nevertheless strengthens investor vigilance. Large addresses hold a significant influence capacity on liquidity and market sentiment. Upcoming on-chain data and price developments will determine if this episode will remain a simple technical movement or if it will become part of a positive dynamic for XRP.

Nothing at this stage indicates it is an imminent sale, but the timing raises questions. In an already tense market, this type of movement is enough to influence investor sentiment. Upcoming on-chain data and the evolution of the XRP price will help evaluate whether this is a simple technical transfer or a more structuring signal.