The 70 million XRP transfer moved 70,000,000 XRP (about $173.6 million) into a Ripple-controlled subwallet tied to On-Demand Liquidity routing. Blockchain monitoring indicates funds remain off-exchange, suggesting internal settlement or corridor provisioning; market impact depends on any future flow to open markets.
Published: 2025-10-15 | Updated: 2025-10-15 | By: COINOTAG
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70,000,000 XRP moved into a Ripple-controlled subwallet — ~$173.6M at current prices.
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Blockchain and exchange data show the funds have not been routed to major spot venues, limiting immediate sell pressure.
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At current pricing the transfer equals more than 2% of daily global XRP turnover; even partial dispersion could influence volatility around ETF decisions.
70 million XRP transfer into a Ripple subwallet valued at $173.6M — market analysis, liquidity signals, support levels, and what traders should watch.
What is the 70 million XRP transfer?
70 million XRP transfer refers to a blockchain movement of 70,000,000 XRP (about $173.6 million) into a Ripple-controlled subwallet that appears linked to On-Demand Liquidity (ODL) routing systems. Monitoring shows the coins were moved off the previous address but have not been deposited to major exchanges, implying internal routing or corridor preparation.
How did exchanges and markets react?
Exchange data from Binance and blockchain trackers indicate XRP hovered near $2.50 after the shift, with no corresponding spike in liquidation or trading volume. This suggests the transfer was not an immediate sell into spot markets. Market participants note that when large sums remain off-exchange, short-term price disruption is reduced; however, the potential for future market impact remains if coins are later introduced to liquidity pools.
The transfer value — approximately $173.6 million — equals more than 2% of daily global XRP turnover at current volumes; thus, even a fraction moving to exchanges could amplify price moves. Analysts identify immediate technical support near $2.45 and resistance around $2.60 as key levels to watch for directional confirmation.
Is this linked to Ripple’s ODL or RLUSD activity?
On-chain observers and monitoring services such as XRPwallets flagged the movement and noted the destination as a Ripple-controlled subwallet commonly used in routing or settlement workflows. Market commentary suggests two primary operational explanations: internal settlement preparation for cross-border corridors, or provisioning for institutional service rollouts, including RLUSD pilot corridors with partners. Sources: XRPwallets monitoring, Binance trading data, blockchain ledger records. No external links provided.
Frequently Asked Questions
Does the 70 million XRP transfer mean immediate selling pressure?
Not necessarily. The transaction was routed to a Ripple-controlled subwallet and, per exchange and on-chain data, the funds remain off major spot venues. Immediate selling pressure requires transfer to exchanges or liquidity pools; historical patterns show similar internal moves sometimes precede settlement but do not always translate into market dumps.
Will this affect XRP price ahead of ETF decisions later this month?
Large internal transfers can increase market sensitivity, especially before key regulatory or ETF milestones. Traders should watch on-chain flows and exchange inflows; if meaningful portions are sent to exchanges, volatility could increase. Otherwise, price impact may be muted until coins enter open markets.
Key Takeaways
- Subwallet transfer confirmed: 70,000,000 XRP (~$173.6M) moved into a Ripple-controlled routing address, consistent with ODL-related activity.
- Off-exchange status reduces immediate risk: Binance data show no major exchange inflows, so short-term sell pressure appears limited.
- Watch on-chain flows and technical levels: Traders should monitor wallet movements, exchange deposits, and the $2.45 support / $2.60 resistance bands for signs of market shift.
XRP/USD by TradingView
Analysts emphasize the need for evidence of transfer to exchanges before labeling the move as bearish. A COINOTAG senior analyst commented: “Large internal transfers historically precede settlement activity, but they are operational by nature; objective confirmation of exchange deposits is the decisive factor for price pressure.”
Objective data points: the transfer size ($173.6M), estimated >2% share of daily global XRP turnover, current trading around $2.50, and established short-term technical markers at $2.45 (support) and $2.60 (resistance). Official on-chain ledger entries and exchange order-book snapshots were used in reporting. Sources cited in-text as plain text: XRPwallets, Binance trading data, blockchain ledger records.
Conclusion
The 70 million XRP transfer into a Ripple-controlled subwallet is a notable operational movement that warrants attention but does not, by itself, confirm immediate market-disruptive selling. Market impact will depend on subsequent routing of funds to public exchanges or liquidity pools. Traders should monitor on-chain flows and exchange inflows closely, particularly around upcoming ETF decisions and institutional rollout milestones. COINOTAG will continue to track wallet activity and price developments and provide timely updates.
