702,707,023 XRP Hit Unknown Wallets in 24 Hours, What's Going On?

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News According to blockchain data tracker Whale Alert , a total of 702,707,023 XRP has been sent to unknown wallets in various transactions over the last 24 hours. Advertisement Whale Alert reports eight transactions within the last 24 hours, which saw a total of 702,707,023 XRP shifted. 🚨 🚨 🚨 🚨 🚨 60,000,000 #XRP (103,666,000 USD) transferred from unknown wallet to unknown wallet https://t.co/TCNaPoECga — Whale Alert (@whale_alert) January 30, 2026 The transactions are as follows: 60,000,000 XRP worth $103,666,000; 60,000,000 XRP worth $103,561,693 were transferred between unknown wallets in two transactions. Advertisement In another two separate transactions, 59,999,999 XRP worth $103,860,038; 60,000,000 XRP worth $103,644,107 were transferred between unknown wallets. HOT Stories Ripple CTO Emeritus Breaks Silence on XRP and XLM in Epstein Files Crypto Market Review: Did XRP Downtrend End? Shiba Inu (SHIB) Taking a Beating, Bitcoin (BTC) Safe Above $80,000 U.Today Crypto Digest: XRP Millionaires Awaken, Shiba Inu Buyers Step In, Dogecoin Sees 10,782% Rise in Futures Volume Scaramucci: ‘Get Ready’ as Bitcoin Firms Against Falling Gold In transactions performed about 17 hours ago, 131,353,512 XRP worth $231,816,522 and 131,353,512 XRP worth $232,141,352 at the time of transfers were moved between unknown wallets. You Might Also Like Sun, 12/21/2025 - 01:41 XRP Whales Sold ETF Approval News By Dan Burgin Advertisement Two transactions saw 100,000,000 XRP worth $176,267,461 and 100,000,000 XRP worth $176,096,528 transferred between unknown wallets. The reasons for the transfers remain unknown as well as the identity of the wallets. The move might be an OTC transfer, which happens outside of a crypto exchange. It may also be funds reshuffling by a large XRP holder. XRP price action XRP was trading down 4% in the last 24 hours to $1.68 and down 13% weekly as the market extended declines on Saturday, compounding an earlier sell-off. The market crash shook out leveraged crypto futures bets worth $591 million in 24 hours. Crypto prices remained under pressure as a partial government shutdown increased uncertainty in the markets. XRP is entering its fourth day of drop since Jan. 27, seeing sharp declines for three days as it touched a low of $1.67 on Saturday. Open interest (OI) in futures tied to most major cryptocurrencies has declined; XRP's open interest fell to $1.41 billion in the last 24 hours. XRP's daily RSI, a momentum indicator, has touched oversold levels, reaching 30. This increases the potential of a relief rally in the coming days if the broader crypto market rebounds. The next targets for XRP lie at $1.95 and $2.52, which coincide with the daily MA 50 and 200. #XRP News #XRP