Blockchain firm Ripple has moved a substantial amount of XRP, a transaction that is likely to influence the short-term movement of the asset. Specifically, Ripple transferred 200 million XRP, worth roughly $610 million, from its treasury to an unknown wallet, according to on-chain data shared by Whale Alert on October 6. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 200,000,000 #XRP (610,012,938 USD) transferred from #Ripple to unknown wallethttps://t.co/OPfW5J8iTj— Whale Alert (@whale_alert) October 6, 2025 The massive on-chain transfer does not have a clear reason behind it
source: https://finbold.com/ripple-just-moved-610-million-xrp-whats-next/