The XRP community has just witnessed a large-scale Token transfer right before Ripple releases its regular escrow funds, raising many questions and predictions. The transfer of nearly 320 million XRP worth over 703 million USD among wallets linked to Ripple's long-time partner SBI VC Trade has attracted even more attention as the price movement of XRP is drawing strong interest. This article provides a detailed analysis of the massive Token transfer, the legal context in Japan, and the current XRP market dynamics to offer insightful and reliable perspectives for investors and cryptocurrency followers to better understand the potential and trends of XRP in the near future.
The massive XRP Token transfer draws attention
On June 30th, a large amount of 320 million XRP was moved between unidentified wallets, equivalent to over 703 million USD at current prices. According to traceable data, the wallet sending this Token is closely related to SBI VC Trade – Ripple's long-term strategic partner. This amount of Token is divided into two transactions of 160 million XRP each and is currently sitting in new wallet addresses, indicating preparations for a significant next move from SBI VC Trade.
This transaction occurs just before Ripple's plan to release 1 billion XRP from escrow, causing the community and cryptocurrency financial experts to predict that this could be a preparatory move for significant events, possibly related to market strategy or legal events and reforms in the industry.
The impact of the cryptocurrency law proposal in Japan and ETF rumors
The signal of a large Token transfer occurs just as the Japanese government proposes legal reforms, viewing cryptocurrency as a legal financial instrument, which means paving the way for cryptocurrency-related ETF funds. Along with it is the proposal to reduce cryptocurrency taxes from up to 55% to 20%, creating a favorable environment for financial institutions to participate in the market.
These changes are particularly important as SBI has a close relationship with Ripple and is always at the forefront of the Japanese market. Therefore, many experts believe that the recent large transaction could be the first step in positioning for ETF funds or significant advancements in the near future, creating growth momentum for XRP and cryptocurrencies in general in the region.
How do legal changes affect XRP and investors?
The Japanese government's recognition of cryptocurrency as a legal financial instrument will not only boost the development of ETF funds but also stimulate capital flow from institutional investors into the cryptocurrency market. This could help XRP enhance liquidity and stabilize its value in the long term. At the same time, tax reductions also increase net profits for individual and institutional investors trading or holding XRP.
The new legal framework also supports transparency and protects user rights, representing a solid advancement in the cryptocurrency field, strengthening trust and promoting sustainable development for the XRP ecosystem and the entire industry.
Current XRP market developments and technical analysis
Although XRP had a price increase at the beginning of the session, it is currently adjusting and fluctuating around the range of 2.18 to 2.22 USD over the past 24 hours. Trading volume has increased by more than 15% compared to before, indicating a rise in trading activity and interest in this Token. However, XRP has not yet surpassed significant moving averages such as 50, 100, and 200 SMA – which are technical thresholds that traders often monitor to identify trends.
The Relative Strength Index (RSI) also remains at a neutral level of 50.68, showing no clear momentum for increases or decreases in the short term.
The historical price uptrend of XRP from retest points
According to historical models, XRP tends to create strong peaks after surpassing the Exponential Moving Average (EMA), followed by slight adjustments to retest before significantly surging in the final phase known as a 'blowoff.' Based on on-chain data analysis and price history, experts believe that the most recent retest in April 2025 has initiated an opportunity for a new growth cycle.
In previous cycles, XRP could increase by up to 2,000% or at least 455% from retest points. If the positive scenario repeats, XRP has the potential to rise to prices ranging from about 9.5 USD to 37.5 USD, opening up attractive prospects for investors and the cryptocurrency community.
Conclusion on the impact of the large transaction and the XRP market context
The transaction of 320 million XRP by SBI VC Trade, along with legal changes in Japan and positive signals from technical analysis, converge to form an important stepping stone for XRP's development. These moves indicate thorough preparations from major stakeholders, while also opening up positive prospects related to ETF funds and the sustainable growth of this cryptocurrency.
Investors should closely monitor new signals and subsequent developments in the market, while thoroughly researching to optimize appropriate investment strategies in the context of the fast-changing cryptocurrency market today.
Source: https://tintucbitcoin.com/ca-voi-xrp-kich-hoat-escrow-tin-etf/
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