630 Million XRP on the Move: Is Ripple Planning Something Huge?

Updated
June 3, 2025
Gambar 630 Million XRP on the Move: Is Ripple Planning Something Huge?

Jakarta, Pintu News – More than 600 million XRP has been moved in several transactions related to Ripple and other unknown entities.

Interestingly, this movement happened even though Ripple has not done its usual 1 billion XRP unlock at the beginning of the month.

Whale Alert noted this XRP movement through its official account on X. Based on a series of updates, Ripple and some unidentified entities moved as much as 630 million XRP in five transactions.

At the current price of $2.17 per token, the total value of the transaction is estimated to be around $1.36 billion.

Recent Transfers

The first transfer in the latest series of transactions occurred on June 1, 2025 at 23:00 (UTC). Whale Alert reported that an unidentified wallet transferred 330 million XRP to a Ripple-affiliated address.

Read also: XRP Price Prediction June 2025: XRP Potential to Surge to $5?

However, data from XRPScan confirmed that the transaction was an internal transfer between two Ripple-owned wallets. Specifically, the payments company moved 330 million XRP from an address named ‘Ripple 26’ to another address labeled ‘Ripple 1.’

Two minutes later, the ‘Ripple 26’ wallet again transferred 170 million XRP to another blockchain wallet owned by the company labeled ‘Ripple 15.’

Ripple Locks 670 Million XRP in Escrow

After the previous set of transfers, Ripple locked 670 million XRP in escrow through two transactions. The first transaction locked 200 million XRP using one of their wallets labeled “Ripple 14.”

In addition, the company also locked the remaining 470 million XRP in escrow using the wallet “Ripple 15,” which previously received 170 million XRP in Ripple’s latest internal transfer process.

Ripple’s latest escrow activity differs from its usual pattern, where they release up to 1 billion XRP on the first day of each month, then lock back around 700 million XRP into escrow. This new pattern has been seen in recent months, including in May 2025.

On May 1, Ripple first moved 1 billion XRP between its wallets, then locked back 700 million XRP. All these transactions were made even before Ripple officially released 1 billion XRP from monthly escrow.

However, after the series of transactions, Ripple still unlocked 1 billion XRP as usual on the following day, May 2, 2025.

Read also: Metaplanet Goes All In: Snaps Up 1,088 More Bitcoin as Holdings Soar to $829.7 Million!

Ripple Moves Another 130 Million XRP

Meanwhile, after locking 670 million XRP in escrow, XRP-related movements still continue, with Ripple remaining actively involved.

On June 1 at around 23:14 (UTC), Ripple sent 50 million XRP from the “Ripple 39” wallet to an unknown wallet labeled “rGBvE…9aBk2.”

From the same address, Ripple 39 also sent 40 million XRP each to two other unidentified wallets: “rHVjf…QsZW7” and “rDK26…ziAee.” Thus, the total transfers from the Ripple 39 wallet for the month of June 2025 reached 130 million XRP.

Source: Crypto Basic

Overall, Ripple has moved 630 million XRP so far this month, of which 470 million has been locked in escrow. To date, the company has not done its usual 1 billion XRP unlock for June 2025.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!


*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

Share

Latest News

See All News ->