{"id":167136,"date":"2025-08-19T11:00:05","date_gmt":"2025-08-19T08:00:05","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=167136"},"modified":"2025-08-19T10:58:26","modified_gmt":"2025-08-19T07:58:26","slug":"600m-ripple-transfer-unsettles-xrp-market-as-3-support-tested","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/600m-ripple-transfer-unsettles-xrp-market-as-3-support-tested\/","title":{"rendered":"$600M Ripple Transfer Unsettles XRP Market as $3 Support Tested"},"content":{"rendered":"
The transaction, flagged by Whale Alert, has unsettled traders because it occurred outside Ripple\u2019s predictable monthly token release cycle.<\/p>\n
The sheer size of the movement has fueled two competing narratives. Some observers believe it reflects operational needs, such as Ripple\u2019s On-Demand Liquidity settlements or positioning for institutional flows. Others take a more cautious view, warning that it could precede fresh selling pressure, a long-running concern given Ripple\u2019s control over vast XRP reserves.<\/p>\n
The timing of the transfer is particularly sensitive. XRP briefly slipped below the $3 level before recovering to about $3.06 at press time, still down more than 4% on the week. Charts show the token holding just above its 50-day moving average near $2.95, while its 200-day support sits deeper at $1.93. Momentum indicators remain neutral, with the RSI around 51, leaving little clarity on the next directional move.<\/p>\n