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

SoFi Introduces SOFIE Tokenized Deposit for Earning Interest

SoFi has launched a new tokenized deposit product named SOFIE, allowing consumers to earn interest on dollar balances while facilitating blockchain transfers.

user avatarJesper Sørensen

Chainlink and LG CNS Join Forces to Enhance Digital Asset Infrastructure in South Korea

Chainlink and LG CNS have announced a partnership to enhance oracle and crosschain infrastructure for South Korea's financial institutions.

user avatarRajesh Kumar

HSBC Introduces RedCoin for Consumer Payments

HSBC has launched RedCoin, a stablecoin backed by the Hong Kong dollar, for consumer payments through its PayMe app.

user avatarLucas Weissmann

CME Group Achieves Record Revenue and Trading Volume in Q3

CME Group reports a remarkable 13% increase in Q3 revenue, reaching $17.373 billion, with an average daily trading volume of 294 million contracts.

user avatarFilippo Romano

Zcash Investment Product Sees Significant Inflows

Demand for the Zcash investment product tracked under ticker ZCSH surged on October 21, marking a notable recovery after earlier withdrawals.

user avatarEmily Carter

BTCPay Server Documentation Guides Merchants on Payment Integration

BTCPay Server provides documentation for merchants on how to connect its payment system to WooCommerce, emphasizing the importance of maintaining all components.

user avatarTomas Novak

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.