In a surprising wave of on-chain activity, Ripple whales have shifted 267.8 million XRP — valued at over $572 million — across undisclosed wallets within hours. The staggering transfers are igniting speculation across the crypto market: What’s really going on behind the scenes?
Ripple Whales Move Raise Eyebrows
According to Whale Alert, four identical transactions — each moving 66,964,285 XRP (worth roughly $143 million) — were recorded in quick succession. The size and frequency of these transfers have caught the attention of analysts and investors alike.
While the exact purpose remains unclear, many believe the activity is tied to Ripple’s expanding On-Demand Liquidity (ODL) service. The timing is no coincidence — it comes shortly after the SEC dropped its injunction against Ripple’s institutional XRP sales.
Legal Win Clears the Path for Expansion
Ripple recently reached a legal breakthrough in its long-running case with the U.S. Securities and Exchange Commission. As part of a settlement, the company withdrew its cross-appeal, prompting the SEC to lift the ban on institutional XRP sales.
This regulatory clarity paves the way for Ripple to scale its ODL operations, especially in international markets. With the legal green light, Ripple can now transact freely with institutional clients, possibly explaining the recent whale movement.
ODL Scaling & Institutional Interest
Whales often play a role in Ripple’s ODL transactions, which rely on large-scale liquidity transfers. Experts say this latest surge in activity could signal Ripple’s behind-the-scenes efforts to boost ODL adoption globally.
Meanwhile, institutional interest in XRP seems to be growing. In a related development, Coinbase Derivatives filed applications with the CFTC to self-certify XRP futures contracts, a move that could further legitimize XRP in traditional financial markets.
XRP Price Outlook — Ready to Rally?
The increased on-chain movement appears to be reflected in XRP’s price. According to analyst Casi Trades, the token has reclaimed a crucial support level at $2.05 and is now aiming for $2.24 — a resistance level supported by both short- and long-term chart patterns.
If bullish momentum holds, XRP could soon retest higher levels at $2.70, $3.05, and possibly its all-time high near $3.80. The combination of legal clarity, whale activity, and institutional interest is creating a bullish backdrop for XRP in the weeks ahead.
Final Thoughts
With hundreds of millions in XRP suddenly on the move, and Ripple emerging stronger from its legal battle, all signs point toward something big brewing. Whether it’s ODL expansion, institutional onboarding, or market positioning — XRP is once again under the spotlight..