A major discovery within the XRP ecosystem has drawn new attention to Bithumb, one of South Korea’s largest cryptocurrency exchanges.
Crypto pundit Xaif (@Xaif_Crypto) shared findings showing a newly created XRP wallet holding approximately 2 billion XRP valued at $4.5 billion.
The wallet’s creation immediately positioned it among the largest XRP-holding addresses in existence, surpassing several well-known exchange reserves. Xaif’s post, accompanied by on-chain data, revealed details of the wallet, which currently lists an available balance of more than 1.7 billion XRP.
His observation came as the token’s market momentum continues to strengthen, with analysts closely monitoring large wallet activities for signs of institutional accumulation. The timing of this movement, paired with its size, added weight to speculation that it may be connected to preparations for upcoming spot XRP ETF launches rather than ordinary exchange activity.
🚨 JUST IN: A massive XRP wallet holding 2B XRP ($4.5B) has been identified created by Bithumb 👀
From surpassing Binance to now becoming one of the largest $XRP-holding wallet pic.twitter.com/bD08u5Aw5W
— Xaif Crypto🇮🇳|🇺🇸 (@Xaif_Crypto) October 25, 2025
What Could the Wallet Represent?
Following Xaif’s post, a community member provided context, clarifying that the transfer originated from another Bithumb-controlled wallet. The comment stated that it was “a transfer from Bithumb 7 to Bithumb 12,” implying that the massive shift did not represent a new external buyer but rather an internal reorganization of funds.
However, the same comment also suggested that the transfer could be related to preparations for large institutional inflows tied to exchange-traded funds. According to the reply, the transfer might be linked to advance purchases of assets in preparation for ETF-related inflows, suggesting that exchanges could be positioning themselves to hold equivalent amounts of liquidity.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
The user also noted that if multiple ETF products were to launch at the same time, the 2 billion XRP movement could seem relatively small in comparison. This view supports the idea that exchanges are organizing their reserves ahead of major financial product releases.
Projected ETF Inflows and Market Context
Canary Capital CEO Steve McClurg recently predicted that spot XRP ETFs could see inflows of $5 billion in the first month, and others have set targets as high as $10 billion for these highly anticipated products.
While the transaction may have originated internally, its timing, scale, and association with ETF-related forecasts continue to reinforce XRP’s image as a major player in upcoming institutional adoption cycles. Whether linked directly to ETF preparations or not, such large-scale transfers highlight growing confidence in XRP’s long-term utility and market relevance.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on X, Facebook, Telegram, and Google News
