Ripple 250 million XRP transfer moved 250,000,000 XRP (~$703.9M) to an anonymous Ripple50-affiliated wallet, flagged by Whale Alert and XRPscan; this likely stems from a monthly escrow release and may fund operational payments, while a separate 49,999,989 XRP ($140.8M) moved to an unknown subwallet.
250,000,000 XRP moved by Ripple to an anonymous Ripple50-affiliated wallet (~$703.9M).
Blockchain trackers Whale Alert and XRPscan recorded the transfers and noted escrow-release timing.
49,999,989 XRP (≈$140,841,434) transferred simultaneously; on-chain analysis suggests the funds moved to a subwallet linked to the defunct FTX exchange.
Ripple 250 million XRP transfer: Ripple moved 250,000,000 XRP to an anonymous wallet ($703.9M). Read breakdown of 49,999,989 XRP move and implications. More info.
What happened in the Ripple 250 million XRP transfer?
The Ripple 250 million XRP transfer refers to a movement of 250,000,000 XRP from Ripple-controlled addresses to an anonymous wallet flagged by Whale Alert and visible on XRPscan. The amount is valued at roughly $703.9 million and appears to come from the company’s routine monthly escrow unlocks.
How was the 250,000,000 XRP moved and what does it mean?
On-chain data shows the funds left a Ripple-affiliated wallet labeled Ripple50 and landed in an unknown address. Ripple typically unlocks 1,000,000,000 XRP from escrow monthly, retaining about 300,000,000 XRP and returning the remainder; this transfer aligns with that cadence.
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Analysts say such transfers commonly fund operational costs, Ripple Payments activity, OTPs, and strategic investments. Sources: Whale Alert, XRPscan, and public escrow records (referenced as plain text).
Simultaneous on-chain alerts recorded a 49,999,989 XRP movement (≈$140,841,434). Whale Alert labeled it “unknown wallet to unknown wallet.” Independent on-chain observers—cited as XRPscan analytics and the XRPwallets account—report the funds moved into a subwallet associated with the defunct FTX exchange.
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