XRP News Today: Ripple Transfers $438.999.244 in XRP Amid Legal Battle

On June 18, 2025, a significant transaction was detected by Whale Alert, a prominent blockchain transaction tracker. Ripple transferred 200 million XRP, valued at approximately $438,999,244 at the time of the transfer, to an unidentified wallet. This movement garnered attention on social media, particularly after comments from crypto influencer Amelie, who highlighted the precise amount and origin of the transfer. Amelie questioned the purpose of the transfer, noting that it lacked any accompanying explanation from Ripple.

The transaction was verified through Whale Alert’s monitoring interface and linked to the XRP Ledger. The recipient address has not been publicly associated with any exchange, custodian, or partner institution, adding to the uncertainty surrounding its role. The transfer occurred during a period of heightened scrutiny of Ripple’s activities, as the company continues to face regulatory and public pressure related to its ongoing legal matters.

Criticism of Ripple’s operational transparency has been mounting. Community members, including users identified as CKS and Economicswizard, have expressed concerns over the lack of information regarding the transfer. CKS questioned the logic of holding XRP while Ripple continually liquidates its holdings, suggesting that the company’s actions contradict the interests of XRP holders. Economicswizard called for the public disclosure of the recipient wallet’s identity, describing the lack of information as “shady.”

Ripple routinely conducts monthly sales or redistributions from its XRP holdings, but the absence of a formal announcement or designation for this particular transfer has fueled speculation. Neither Ripple nor any affiliated personnel has issued a clarification regarding the destination of the 200 million XRP. Blockchain records confirm that the receiving wallet has no known prior association with centralized exchanges or previously identified Ripple partner addresses.

The transfer comes at a critical legal juncture for Ripple, which is involved in a legal battle with the U.S. Securities and Exchange Commission (SEC). Both parties finalized and signed a settlement agreement—Ripple on April 23, 2025, and the SEC on May 8—but are awaiting approval from the district court. A joint motion under Rule 60(b) was filed on June 12, seeking a ruling to allow the case to return from appeal for judgment modification. The Court of Appeals has paused proceedings until Judge Torres rules on the motion, and market participants have been closely tracking Ripple’s movements amid this unresolved process.

The lack of a clear explanation for the $438 million XRP transfer has led some to question whether the transaction relates to the pending settlement, internal liquidity management, or other undisclosed obligations. At the time of writing, no additional information has been made available about the receiving wallet or the reason for the $438 million equivalent transfer. As the blockchain ledger only records wallet addresses and amounts, further identification requires a statement from Ripple or the involvement of investigative tracking services.