15h ago

Whale moves 577,815,416 XRP off Uphold in seven transfers worth about $900 million

AI Market Summary

Whale Alert flagged ~577.8M XRP (≈$900M) withdrawn from Uphold in seven transactions, implying a sharp reduction of immediately available exchange supply. Such large off-exchange moves are often interpreted as custody consolidation or longer-horizon holding, tightening near-term liquidity. Speculation that the transfers could be linked to Ripple adds uncertainty around motive, which can amplify short-term volatility in XRP.

Impact level

● Medium

Affected assets

XRP/USDT-2.78%

AI Insight · XRP/USDTAI Insight

▲ Bullish

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About 577,815,416 XRP were transferred out of the Uphold exchange in seven transactions, valued at roughly $900 million, according to Whale Alert. Market speculation suggests the large withdrawal may be linked to Ripple.

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