- A 55M XRP ($55.9M) transfer hit a Ripple wallet, flagged by Whale Alert and drawing market speculation.
- Analysts suggest the move is likely tied to liquidity or treasury management rather than immediate selling.
- XRP price stayed stable around $2.99, with key levels at $2.93 support and $3.05 resistance.
A transfer of 55 million XRP, valued at nearly $55.9 million, landed in a Ripple-controlled wallet on October 6, 2025. The transaction, logged at 04:24:11 UTC under hash 45256F36C280F87657FDF159BA6EC3C6B79…, carried a negligible fee of 0.0005 XRP. At the time, XRP was trading around $2.97, giving the move significant dollar value. Whale Alert flagged the transfer publicly, sparking immediate speculation across the crypto community.
Why the Transfer Matters
Ripple often consolidates tokens into main accounts before redistributing them through On-Demand Liquidity corridors, institutional settlement channels, or custodial structures tied to global payment operations. This latest move could reflect internal treasury management or liquidity preparation rather than direct selling pressure. With XRP adoption growing and talk of potential privacy features in the XRP Ledger, transfers of this magnitude draw more attention than in past years.
Market Response and Price Action
Despite the size of the transfer, XRP’s price action remained stable. The token traded near $2.99, holding support at $2.93 and resistance at $3.05. Quick dips to $2.95 were met with fast recoveries, suggesting traders see the move as routine. For short-term price watchers, a breakout above $3.05 could target $3.20, while weakness below $2.90 may test deeper support. For now, the muted reaction indicates the market views this transfer as operational, not bearish.
What Comes Next
Ripple has not commented on the purpose of the transfer, leaving analysts to track whether the funds remain in treasury or shift toward exchange-linked addresses. If the tokens stay parked within Ripple’s wallets, the impact on circulating supply will be negligible. However, any signs of redistribution could affect liquidity flows and XRP price predictions. Until more clarity emerges, traders will be monitoring wallet activity closely for hints of Ripple’s next move.
