XRP Whale Just Moved $782M — What’s Happening Beneath the Surface?
Something big just went down in the XRP ocean—and the whales are definitely making moves.
On May 9, a Ripple-associated whale transferred 370 million XRP (around $782 million) into unknown wallets. No clear motive, no explanations. Just a stealthy, high-stakes shift that’s got analysts and traders buzzing. Is it a strategic shuffle? Institutional positioning? Or part of a broader, behind-the-scenes plan?
XRP Price? Still Rock Solid.
Despite the massive transfer, XRP barely blinked:
Current price: $2.36
Daily range: $2.29 – $2.42
Support: Holding strong at $2.10
In short, the market stayed calm. No panic. No dump. Just quiet strength.
Whale Alert Breakdown:
70M XRP → unknown wallet
300M XRP → Ripple to mystery wallet
That’s not casual. That’s coordinated. And it’s adding fuel to the theory that Ripple may be orchestrating deeper liquidity or prepping for upcoming utility launches.
Whales Are Accumulating — That’s Bullish
Data from Santiment shows that wallets holding 1M–10M XRP now control 9.44% of the total supply (up from 8.24% in January). That’s a clear sign that large holders are increasing their stakes—smart money is sticking around.
Big News: Ondo Finance Eyes XRP Ledger
In a move that could blur the lines between TradFi and DeFi, Ondo Finance is preparing to launch a tokenized U.S. Treasury fund on the XRP Ledger. This would enable minting and redeeming of U.S. government assets 24/7 using Ripple’s RLUSD stablecoin. Big institutions may soon find XRP’s rails very attractive.
Fed Update: No Surprises
The Fed held interest rates steady this week. The market shrugged. Crypto didn’t soar or slide. XRP? Just chilled.
Technical View:
Support levels: $2.10 (strong), $1.85, $1.60 (watch these zones)
Resistance ahead: $2.40 short-term, then $2.90–$3.00 range
Chart signal: Watch for a possible death cross (50-day MA dipping under 200-day MA)
