Massive XRP Transfer: 500 Million Coins Moved in 2025

user avatar

by Giorgi Kostiuk

2 years ago


On January 1, 2025, the first major XRP transfer of the year took place, involving 500 million coins. Whale Alert noted this significant movement of cryptocurrency totaling over one billion dollars.

500 Million XRP Transferred on January 1

According to Whale Alert, five hours prior to publication, an anonymous transaction involving 500 million XRP occurred. This large sum was transferred from one anonymous blockchain address to another, valued at $1,070,455,137 at the current XRP/USD exchange rate of $2.13 per coin. This year, XRP has been on an impressive upward trend, having risen from $0.6 in December to nearly $3.

500,000,000 XRP ($1,070,455,137) unlocked from escrow at unknown wallet

30 Million XRP Sent to Korean Exchange

Additionally, 30 million XRP were moved to a leading cryptocurrency exchange in South Korea, Bithumb. This amount of XRP is valued at $64,034,753. The transfer was made from an anonymous digital wallet. Many traders are securing profits by shifting substantial amounts of XRP and other cryptocurrencies to exchanges for sale.

30,000,000 XRP ($64,034,753) transferred from unknown wallet to Bithumb

Details and Analysis from Bithomp

As provided by the Bithomp explorer, the transfer was initiated by Ripple, which typically transfers 1 billion XRP through several regular consecutive withdrawals from escrow at the start of each month. Usually, Whale Alert captures these two or three transactions, but today only one such massive transaction was detected.

Transfers of significant volumes of XRP to anonymous addresses and platforms like Bithumb highlight the growing trends in the cryptocurrency world. These movements can have a considerable impact on the market and further shifts in XRP's value, closely watched by traders and analysts.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Former FBI Agent Admits to Stealing $25 Million in Cryptocurrency

Former FBI agent Patrick Steven Yaroch pleaded guilty to stealing nearly $25 million in cryptocurrency from federal investigations, compromising sensitive operations.

user avatarRajesh Kumar

Labor Department Submits Crypto Retirement Rule for Review

The Labor Department's proposal includes guidelines for evaluating cryptocurrencies as investment options.

user avatarLucas Weissmann

Political Opposition to Crypto in Retirement Plans

Lawmakers express concerns over the risks of including cryptocurrencies in retirement savings.

user avatarEmily Carter

Trump Administration Proposes Crypto Inclusion in Retirement Plans

The US Department of Labor has proposed a regulatory framework to include cryptocurrencies in 401k plans, potentially opening a $10 trillion retirement market, pending White House approval.

user avatarFilippo Romano

Cory Fields Proposes Quantum Landmines to Protect Bitcoin from Future Quantum Attacks

Cory Fields proposes quantum landmines and auction mechanisms to protect Bitcoin from potential quantum computer thefts.

user avatarTomas Novak

Analysts Identify Bullish Checkmate Setup for Bitcoin

Crypto trader Cheds Trading has highlighted a potential bullish checkmate setup on Bitcoin's 4-hour chart, suggesting that reduced selling momentum could lead to a significant price increase if buyers step in.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.