💥Breaking news:
18,744,800 $XRP ($55.87M) was transferred to Ripple from an unknown wallet.
Who is behind this?? pic.twitter.com/tr1yQ4BrPH
— CryptoBull (@TheCryptoBull11) October 7, 2025
Today’s cryptocurrency community was captivated by a massive XRP transaction when 18,744,800 XRP tokens worth 55.87 million were transferred to Ripple Labs by an unknown wallet. X was first reported by TheCryptoBull11 on October 7, 2025 at 08:08 UTC, leading to much speculation as to the reason and origin of the transfer.
According to blockchain data, transactions occur on Ripple’s native blockchain network, the XRP Ledger, which supports 1,500 transactions per second (TPS) and nearly misses fees (0.00001 XRP per transaction).
The numbers behind the trade
The amount of XRP transferred is equivalent to 1/18.74 millionth of the total supply of 100 billion XRP, and approximately 1/0.0326 of the current supply of 57.5 billion XRP, which is still close to the current supply of 57.5 billion XRP.
The full value of the transaction was $55,870,000 at a token price of 2.98, which corresponds to the average XRP market rate on October 7, 2025. This transfer included approximately $6 billion in 24-hour trading volume, accounting for approximately 1 percent of XRP’s daily transfer activity, and enough to generate market buzz without causing a price spike. The company issues 1 billion XRP every month and typically returns unused ones to escrow.
background
In June 2025, 498 million XRP worth $498 million were traded under the same circumstances. The transfer of 18.7 million XRP pales in comparison to these, about one-tenth the size of Ripple’s normal liquidity activity. Nevertheless, XRP was one of the most successful large-cap crypto assets in 2025, gaining over 480% year over year.
market scenery
Analysts recognize several possible reasons. Liquidity Management: Ripple may accumulate XRP reserves through future liquidity activities by institutional investors or new payment routes on RippleNet. Internal Accounting Adjustments: A principal holder or subsidiary may reinstate XRP in a pilot program or liquidity pool to Ripple’s control.
The move comes just months after Ripple was said to have partially resolved a years-long lawsuit with the SEC that began in 2020. Since then, Ripple has continued to internationalize its operations, bringing over 300 financial institutions to RippleNet and launching operations in both Latin America and Southeast Asia. It could also be the reason why the XRP Treasury is moving funds as it prepares to fund a state-backed digital payment system, as the company increases its involvement in the CBDC pilot program.
Whale behavior and community chatter
Reaction from the XRP community on X was swift, with some users describing the move as a whale move or a buyback of Ripple. Over the past 48 hours, Whale Alert data has recorded several large XRP transactions, indicating the beginning of high-value flows. As long as Ripple operates its wallet activity in the same trend, it could be an indicator that it is planning strategic announcements or liquidity shifts by the next market cycle, Q4 2025.
XRP outlook
XRP remains the sixth-largest cryptocurrency by market capitalization, with a price of approximately $171 billion, so there may be some short-term volatility following the trade. Nevertheless, if there is a large new inflow or outflow of funds, traders could take it as an indicator of redistribution, which could lead to speculative swings around $3.
