Ripple transfer of 35,000,000 XRP ($100,774,102) on the XRP Ledger appears to trace back to Ripple and On‑Demand Liquidity operations, signaling reserve reshuffling or corridor positioning; traders should watch $2.80 support and potential resistance at $3.20–$3.40 for near‑term price direction.
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35,000,000 XRP moved in a split transaction likely tied to Ripple and ODL networks.
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Transaction trackers (XRPWallets) show ~30M XRP routed to an address associated with On‑Demand Liquidity.
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XRP is testing $2.80 support after a 7.82% weekly decline; hold above $2.80 for a possible retest of $3.20–$3.40.
Ripple transfer 35M XRP ($100.8M) signals reserve reshuffle and impacts XRP price; read analysis and trader watch points on support/resistance—actionable insights inside.
What happened in the 35 million XRP Ripple transfer?
A transfer of 35,000,000 XRP (roughly $100,774,102) was executed on the XRP Ledger in a split transaction that points toward Ripple operational movement and On‑Demand Liquidity routing. The output split included a 10 million XRP leg and a larger 35 million XRP leg routed through addresses associated with Ripple before landing in an ODL‑linked wallet, according to public tracker observations.
How did the transaction flow indicate Ripple involvement?
The originating account divided outputs, with the larger chunk briefly stopping at an address previously tied to Ripple. Trackers such as XRPWallets (plain text mention) identify patterns where hops between unlabeled addresses align with Ripple’s known reserve management and liquidity positioning. These multiple hops often mask direct intent but match historical operational flows.
How is XRP price reacting to the transfer?
XRP slipped 7.82% over the past seven days and is trading near $2.84, testing key support around $2.80. The transfer coincides with this pressure; a hold above $2.80 suggests the existing structure remains intact with a potential rebound to $3.20–$3.40. A decisive break below $2.80 may expose $2.40–$2.50 as the next support range, which served as a base before July’s rally.
| Scenario | Trigger | Target |
|---|---|---|
| Bull continuation | Hold above $2.80 | $3.20–$3.40 |
| Bear correction | Break below $2.80 | $2.40–$2.50 |
| Neutral consolidation | Sideways volume, mixed exchange flows | $2.70–$3.00 |
Why do these transfers matter to traders and institutions?
Large ledger transfers can change available liquidity corridors and influence exchange order books. For institutional counterparties and market makers, movements tied to On‑Demand Liquidity (ODL) can signal operational rebalancing or pre‑funding of corridors, affecting execution costs and short‑term volatility.
Frequently Asked Questions
Was the 35M XRP transfer sent directly from Ripple?
Chain analysis shows addresses in the flow have previously been associated with Ripple operations, but public ledger analysis cannot confirm internal accounting; the pattern is consistent with Ripple’s reserve and liquidity movements.
Could this transaction trigger larger market moves?
Potentially. A 35M XRP transfer is large relative to daily turnover on some midtier venues and can affect liquidity and sentiment. Price reaction depends on where the funds are converted or used within liquidity corridors.
Key Takeaways
- Transfer size and trace: 35,000,000 XRP (~$100.8M) moved in a split transaction with links to Ripple and ODL addresses.
- Price context: XRP is testing $2.80; maintaining that level favors a move back toward $3.20–$3.40.
- Actionable insight: Traders should monitor ledger flows, exchange order books, and ODL corridor activity for confirmation before positioning.
Conclusion
Large XRP ledger transfers like this 35M XRP movement provide insight into Ripple’s operational liquidity management and can meaningfully affect short‑term market structure. Traders should watch the $2.80 support level and the $3.20–$3.40 resistance zone for signals. COINOTAG will continue to monitor ledger flows, price action, and institutional routing for updates.
