$178,626,405 XRP in Minutes — What's Happening?
05/20/2025 18:40
Tremendous amount of XRP tokens transferred anonymously, crypto community intrigued
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Blockchain sleuth Whale Alert, which tracks down large cryptocurrency transfers and then shares the details on its website and X account, has spotted an enormous amount of XRP transferred by anonymous wallets.
The transaction took place 12 hours ago and was met with an enthusiastic discussion by the XRP community on the X social media network.
Meanwhile, the XRP price has lost 2.3% today after staging a 4.95% increase on Monday. The coin is now changing hands at $2.34.
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75,220,590 XRP on move
The aforementioned data source shared that, 12 hours ago, an anonymous whale shoveled 75,220,590 XRP to another wallet tagged by Whale Alert as “unknown.” That amount of crypto was worth $178,626,405 at the time of the initiated transfer.
The crypto community initiated a heated discussion in the comments section, taking guesses as to what that transaction signified under the current market conditions, and whom that anonymous sender and receiver might prove to be.
The details shared by the XRPscan tracker showed that while the sender was indeed an anon wallet, the destination was a crypto address linked to major cryptocurrency exchange Crypto.com, with offices around the world and headquarters located in Singapore.
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Earlier today, Ripple blockchain behemoth issued a scam warning on its official social media X account. The company warned users that rapidly developing AI technology now allows scammers to post images and even videos (using first deep-fake tech and now quickly improving AI tools) impersonating high-end crypto influencers, including Elon Musk, top U.S. politicians, founders of various major crypto platforms (Binance, Cardano) and Ripple executives.
Ripple’s post underscored that neither Ripple nor any of its leaders (CEO Garlinghouse, President Monica Long or CTO David Schwartz) would ever ask the community to send them private data or any cryptocurrency in order to receive double that amount back later.
As reported by U.Today recently, the Binance cofounder and former CEO, CZ, tweeted that he saw an AI-generated video of himself where even his voice was so well reproduced that it was hard for CZ himself to tell if it was a real video or a fake one.