April 21, 2025

7 Million XRP Stuns This Top-Rated Latin American Exchange: 131 Million XRP Shifted in Other News

4 min read

A huge XRP whale transaction was detected on the blockchain, sparking buzz in the XRP community. According to crypto analyst and market watcher Xaif , a staggering 7,010,000 XRP, worth several million dollars, was recently transferred to Bitso, one of the leading cryptocurrency exchanges in Latin America. This substantial movement has sparked a wave of speculation across the digital asset space, with many wondering: Should investors be worried? Whale Activity and Market Implications Whale transactions—particularly those involving centralized exchanges —are often interpreted as potential sell signals. When large holders move tokens from cold wallets to exchanges, it may indicate an intent to liquidate holdings, thereby exerting downward pressure on price. While not always definitive, such movements tend to generate concern, especially during critical market junctures. The 7.01 million XRP transfer to Bitso, identified through on-chain data and flagged by Xaif on X, is significant both in magnitude and in its destination. Bitso is Ripple’s key partner in the Latin American corridor and plays a critical role in facilitating cross-border remittances through the On-Demand Liquidity (ODL) network. This adds an additional layer of complexity—could the transfer be operational rather than speculative? BREAKING A WHALE TRANSFERED 7,010,000 XRP TO BITSO EXCHANGE SHOULD WE BE WORRIED pic.twitter.com/6ujtrV8Vrv — 𝕏aif | (@Xaif_Crypto) April 16, 2025 Speculation vs. Strategic Movement Context is essential. While whales are known to move assets ahead of market downturns, not all transfers result in selling. Given Bitso’s role within Ripple’s ODL ecosystem, it’s plausible that this transaction may be tied to liquidity provisioning or corridor balancing rather than a direct sell-off. In this sense, the move might not reflect bearish intent, but operational realignment. Additionally, there has been no significant drop in XRP’s price in the immediate aftermath of the transfer. This suggests that, at least for now, the market has absorbed the information without panic. Still, it has reignited conversations about transparency, market manipulation, and how whale actions influence retail sentiment. Historical Context and Whale Behavior Historically, XRP has seen similar large transfers precede bullish and bearish outcomes, making it difficult to draw a straight line between whale movements and market direction. For instance, past whale activity in 2023 and early 2024 frequently preceded volatility spikes, though not always in a negative direction. In some cases, major inflows to exchanges were part of liquidity tests, token redistributions, or strategic partnerships. Moreover, XRP’s deep liquidity and broad exchange listings make it less vulnerable to the influence of a single whale than smaller-cap assets. That said, continued monitoring of Bitso wallets and other whale transactions will be key to understanding the real intent behind this movement. 131 Million XRP Makes Waves Elsewhere In another development , a more jaw-dropping movement of XRP tokens surfaced, capturing the attention of the broader crypto world. Blockchain monitoring service Whale Alert revealed a transaction involving 131 million XRP, valued at over $273 million. This massive transfer coincided with a 5.37% dip in XRP’s price over 24 hours, setting off a flurry of speculation. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The transaction, which transferred funds between two unknown wallets, was initially mysterious. However, data from XRP-focused analytics provider Bithomp later confirmed that the receiving wallet is linked to Binance, the world’s largest crypto exchange. This has led many to suspect the movement was likely part of internal fund reallocation or liquidity adjustments within Binance’s ecosystem, rather than a traditional whale dump. More Whale Sightings in the Same Week The 131 million XRP transfer was not an isolated event. Just days earlier, Whale Alert flagged another notable transaction involving 70 million XRP, worth over $150 million , that changed hands. Community speculation linked this move to Ripple’s internal payment systems. Adding to the intrigue, another 29.5 million XRP was moved to Coinbase, raising concerns of a large-scale sell-off. However, Bithomp again provided clarity, identifying it as an internal Coinbase transaction, effectively quelling fears of a market-impacting dump. Caution Over Panic Whether it’s the 7 million XRP moved to Bitso or the enormous 131 million XRP shifted elsewhere, one thing is clear: XRP whales are active, and their moves are being closely watched. However, not every large transaction signals doom or a bullish breakout. Some are operational, others are strategic, and many fall into a grey area. For investors, the key is to remain informed and cautious, but not reactive. In a maturing crypto economy, whale movements are not just market signals, they are also part of complex liquidity dynamics, internal restructurings, and ecosystem logistics. Eyes wide open, but feet on the ground—the mantra XRP holders may need to adopt as the digital asset world evolves. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post 7 Million XRP Stuns This Top-Rated Latin American Exchange: 131 Million XRP Shifted in Other News appeared first on Times Tabloid .

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