Ripple executed a significant transfer of 200 million XRP, valued at approximately $445 million, during the middle of the month. This transaction immediately captured the attention of market participants. While Whale Alert initially reported the movement without specifying the parties involved and suggesting it might be to an unknown wallet, a deeper examination revealed the nature of the transfer.
A review of the transfer details on XRPSCAN confirmed that the movement occurred between two wallets controlled by Ripple. This clarified the transaction as an internal one. The substantial size and the timing of this transfer prompted analysts to assess Ripple's recent liquidity adjustments, particularly in the context of broader market softness.
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨 200,000,000 #XRP (445,222,530 USD) transferred from #Ripple to unknown wallethttps://t.co/JPhugeN9Sc
— Whale Alert (@whale_alert) November 18, 2025
Transfer Aligns With XRP Testing Support Levels
The large XRP transfer occurred while the cryptocurrency was trading near its lower Bollinger Band, with its price hovering around $2.14. Support levels were forming near $2.08. Furthermore, XRP remained below both the 20 Simple Moving Average (SMA) and the 50 SMA on the daily chart, indicating continued downward pressure.
The Relative Strength Index (RSI) for XRP stood near 38.50, signaling weakened momentum and limited strength from buyers. The RSI has been below the midpoint for several sessions, reinforcing a cautious sentiment surrounding XRP's price action.
Ripple has not publicly commented on the specific purpose of this internal XRP shift. However, the transaction did not affect the circulating supply of XRP. Consequently, market attention remained focused on the technical conditions rather than the specifics of the wallet movement.
Traders continued to observe XRP's price behavior as it attempted to stabilize near its current levels. Resistance was noted near $2.32, a key zone that could influence any short-term recovery if buying momentum improves.
Ripple's mid-month transfer of 200,000,000 XRP, confirmed by XRPSCAN as an internal movement, coincided with a period of declining momentum for the asset. Ongoing monitoring of technical indicators and wallet flows will be crucial for shaping expectations as XRP trades near its support levels.