thecryptobasic.com
Ripple recently shuffled over 534 million $XRP across multiple wallets amid the latest selling wave that pushed prices to a 15-month low.
Notably, the blockchain payment firm made the recent fund movements using four different wallets, transferring 300 million $XRP to a single address and then re-routing over 117 million from this address to another wallet.
Key Points
- Ripple recently shuffled more than 534 million $XRP tokens across four different wallets within three hours.
- The movements involved the transfer of 300 million $XRP to a single wallet and then re-routing 117 million tokens from the wallet to another address.
- On-chain data links one of the wallets involved to persistent whale transactions that the community has tracked since December 2025.
- The latest fund flows come amid the recent wave of selling pressure that has since pushed $XRP to a new 15-month low.
Ripple Sends 300M $XRP to Central Address
Whale Alert, a crypto resource tracking whale movements, first called attention to the series of transactions, which involved multiple wallets. The fund flows began with the transfer of 200 million $XRP worth $234 million at the time from rBg…91m to rJq…8nE on Thursday at 21:50 UTC.
Notably, Whale Alert suggested that the assets moved from a Ripple address to an unknown wallet. However, rBg…91m (Ripple 1) and rJq…8nE (Ripple 50) both actually belong to Ripple. The firm has repeatedly utilized these wallets for routing its assets.
Two hours later, Ripple (1) made another transaction, this time involving 100 million $XRP worth $122 million, to Ripple (50). This brought the total assets received by Ripple (50) to 300 million $XRP valued at $356 million at the time of the transactions.
117M $XRP Re-routed to Another Wallet
From the 300 million $XRP received, Ripple (50) moved 20 million $XRP to rp4…xv3 and 15 million $XRP to raR…NRf within four minutes. Hours later, Ripple (50) then transferred 117 million $XRP worth $148 million to another address, rnU…R5J, today at 02:33 UTC.
While Whale Alert tagged the address as unknown, on-chain data confirms that it was activated by Ripple (50) in November 2021 and has served as a re-routing destination for Ripple since then.
An hour after receiving the 117 million $XRP, rnU…R5J re-routed all the tokens to rpx…ZY1. Interestingly, on-chain data shows that rpx…ZY1 has no direct link to Ripple. So far, this address has held onto the 117 million $XRP received.
Links to Past Whale Transactions
However, an investigation carried out by The Crypto Basic confirms that this address, rpx…ZY1 was the primary wallet responsible for multiple whale transactions identified by the $XRP community over the past few weeks.
For context, late last month, The Crypto Basic called attention to the accumulation of 120 million $XRP within an hour by a new whale. Interestingly, the 120 million $XRP came from rpx…ZY1 and moved through an intermediary wallet to the receiving whale.
Moreover, The Crypto Basic revealed earlier this month that multiple $XRP whales had shuffled 1.59 billion $XRP since the start of the year. Data shows that this same rpx…ZY1 was the central address behind most of the whale transactions, routing millions to other wallets. This suggests Ripple may actually be behind these transactions, but there’s no concrete confirmation.
$XRP Price Drops to 15-Month Low
Meanwhile, the latest 534 million $XRP movements from Ripple come at a time when the $XRP price has suffered another wave of bearish pressure. Notably, $XRP recently collapsed below the $1.3 to a low of $1.11, marking a 15-month low, before recovering mildly to the current price of $1.29.