On June 18, 2025, Whale Alert reported that Ripple transferred 200 million XRP to an unspecified wallet, attracting community attention.
Transaction Details
According to Whale Alert's report, Ripple conducted a transaction valued at approximately $438,999,244. The transfer was noted and discussed on social media after crypto influencer Amelie tweeted about the transfer details, stating that the funds were moved 'from Ripple themselves' without any explanation.
Criticism of Ripple's Operational Transparency
The community's response to Amelie's post included concerns over the transparency of Ripple's actions. User CKS expressed doubts regarding the logic of Ripple liquidating its XRP holdings while the market is in turmoil. Economicswizard suggested that the identity of the recipient wallet should be disclosed, calling the lack of information 'shady.'
Legal and Regulatory Challenges Remain in Focus
The transfer comes during a critical legal phase for Ripple and the U.S. Securities and Exchange Commission (SEC). Although both parties have executed a settlement, they are still awaiting approval from the district court. The absence of a clear explanation for the $438 million XRP transfer raises questions about its relation to the pending settlement or internal liquidity management.
As of now, no further information has been released about the wallet recipient or the reason behind the transfer. Given the opacity of this transaction, market participants will continue to closely monitor Ripple's actions.
