Xaif — a well-known crypto commentator on X — raised alarms in the early hours after blockchain trackers flagged a 35,000,000 XRP transfer from a Ripple-linked wallet to an unknown address.
Whale Alert, the popular on-chain monitoring service, reported the movement, estimating its value at roughly $107.8 million at the time of transfer. Xaif’s amplification of the alert immediately drew intense scrutiny from the XRP community, sparking debate over Ripple’s intentions and the potential impact on the token’s price.
The On-Chain Trail: What We Know
According to Whale Alert, the transaction originated from a wallet long associated with Ripple’s holdings and moved to an untagged destination address. Analysts in the community pointed out similarities to previous “Ripple 50” wallet activity, which often indicates internal treasury management.
Still, with the receiving wallet currently unidentified, speculation remains divided between whether the tokens are destined for custody, institutional settlement, or potential market sales.
🚨 MASSIVE XRP MOVE 🚨
Ripple just transferred 35,000,000 $XRP ➡️ Unknown wallet 👀 pic.twitter.com/5IyJal9jyP
— Xaif Crypto🇮🇳|🇺🇸 (@Xaif_Crypto) August 22, 2025
Market Reaction: XRP Price at the Time of the Post
The transfer coincided with heightened volatility in XRP markets. At the time of Xaif’s post, aggregated exchange data recorded XRP trading at approximately $2.79, marking its intraday low. Selling pressure and uncertainty around the transaction weighed on sentiment, with traders bracing for potential sell-offs.
In the hours that followed, XRP rebounded to around $3.03, representing an 8.6% recovery from the low. Market observers attributed the rebound to the recent fed chair’s statement, greenlighting the possibility for rate cut. Nevertheless, the sharp reaction underscored how sensitive XRP’s price remains to large-scale wallet movements, particularly when Ripple is involved.
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Why It Matters: Liquidity and Market Psychology
Ripple’s large transfers have historically signaled a range of outcomes. They have been linked to internal rebalancing of reserves, liquidity provisioning for exchanges, over-the-counter deals, or preparations for institutional products. When such transactions head to unidentified wallets, markets often assume the worst — that tokens may soon hit exchange order books — which amplifies volatility.
This event also highlights a persistent tension within the XRP community: while Ripple has repeatedly stressed that it manages its holdings responsibly, many traders remain wary of large movements, fearing supply shocks that could suppress prices in the short term.
Watching the Rails, Not Just the Headlines
The sheer scale of the transfer of 35 million XRP makes it inherently market-moving. Yet the true significance depends on what happens next. If the tokens remain in custody or are allocated to institutional settlement channels, the long-term impact may prove negligible. But if the destination wallet is later linked to exchange deposits, renewed selling pressure could follow.
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 urged to do in-depth 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.
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