200 Million XRP Shocks the XRP Army

Crypto enthusiast XRP Update (@XrpUdate) recently drew attention to reports from Whale about two separate movements of 100,000,000 XRP each. The combined value was approximately $375 million at the time of transfer.

Both transactions showed funds moving from an unknown wallet to another. That lack of clarity invited speculation fast, especially with XRP trading below $2. Big players rarely move that much capital without a reason. Markets tend to notice when they do, and XRP Update sees it as a notable signal.

TWO MASSIVE $XRP WHALE MOVES BACK TO BACK💥

200,000,000 $XRP moved in minutes.
Unknown wallet → Unknown wallet

When whales move fast, something is coming‼️ pic.twitter.com/pVyweLQdNk

— XRP Update (@XrpUdate) December 19, 2025

What Could the Whale Transaction Signal?

The most common explanation centered on accumulation. XRP remains under $2 despite renewed optimism across the market. Large holders often position early. They buy during calm periods. They move funds quietly, and these two large transfers back-to-back fit that playbook.

XRP Update viewed the moves as preparation. He said whales could be consolidating supply ahead of a price move. It could also be a relocation to cold storage for long-term holding. That move usually signals confidence rather than intent to sell.

The timing is also crucial, as XRP recently defended key support levels. The asset has remained resilient despite bearish pressure from the broader market. Large holders often act before momentum shifts. From that angle, the transfers looked like positioning for something bigger.

Accumulation was not the only option. Internal reshuffling often triggers Whale notifications. Custodians move funds between wallets for security. Institutions rotate keys, and large entities also rebalance operational reserves. XRP supports on-demand liquidity corridors that require large pools.

What the On-Chain Data Shows

While Whale listed both transactions as unknown, a closer look at the on-chain data is a clear link. The funds moved from wallets activated by Ripple. Specifically, Ripple (47) and Ripple (49) sent the XRP to Ripple (50).

This points to internal fund movement. These wallets have historical ties to Ripple operations, with Ripple (50) playing a major role during a large sell-off in late 2024. The pattern matched previous internal transfers rather than market positioning.

The transfers still matter. They show Ripple managing significant reserves. They show activity on the ledger. They do not confirm accumulation or distribution. For now, they reflect internal restructuring rather than a market signal.