Ripple Just Moved 211 Million XRP. Here’s Where It Headed

A large-scale XRP transaction has caught the attention of market analysts after Whale Alert reported that 211,000,000 XRP, valued at approximately $506.1 million, moved between two unidentified ￰1￱ investigation revealed that the sender was Ripple, and the recipient was Evernorth, the Ripple-backed company currently preparing for a public ￰2￱ data now shows that Evernorth’s wallet holds more than 261.9 million XRP, signaling an accelerating build-up of ￰3￱ size and timing of the transfer are notable because they appear to be part of Ripple’s ongoing coordination with ￰4￱ neither company released a public statement at the time of the transaction, the move aligns with previously announced plans for Evernorth to manage one of the world’s largest publicly disclosed XRP treasuries . 211,000,000 #XRP (506,152,575 USD) transferred from unknown wallet to unknown wallet ￰0￱ — Whale Alert (@whale_alert) October 23, 2025 Evernorth’s Expanding Role in the XRP Ecosystem Evernorth, established with Ripple’s backing, is positioning itself as a bridge between traditional finance and the digital asset ￰5￱ company intends to go public through a $1 billion SPAC ￰6￱ stated purpose is to use capital raised from investors to acquire and manage XRP ￰7￱ maintaining an extensive treasury, Evernorth aims to support XRP liquidity and expand institutional access to the asset.

Ripple’s transfer of over 200 million XRP directly contributes to this ￰8￱ notable contributors include Ripple executive Chris Larsen, who sent 50 million XRP , and SBI Holdings, a company that has consistently supported XRP, which has committed $200 million to ￰9￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Market Significance for XRP Analysts view this development as a constructive signal for ￰10￱ consolidation of large amounts of the token into a corporate treasury can limit circulating supply while encouraging regulated participation in the ￰11￱ Evernorth operates as a corporate entity subject to public disclosure, its activities could offer institutional investors a transparent entry point into XRP ￰12￱ movement also reflects Ripple’s ongoing strategy to connect XRP with institutional financial ￰13￱ working through Evernorth, Ripple can expand XRP’s use in liquidity, lending, and cross-border settlement applications without directly managing those functions ￰14￱ separation of roles enhances operational clarity and positions Evernorth as a specialized entity focused solely on XRP deployment.

Evernorth’s accumulating balance indicates that its treasury operations are well ￰15￱ the company proceeds with its planned listing and subsequent market purchases, XRP could experience increased institutional visibility and ￰16￱ : This content is meant to inform and should not be considered financial ￰17￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰18￱ are advised to conduct thorough research before making any investment ￰19￱ action taken by the reader is strictly at their own ￰20￱ Tabloid is not responsible for any financial ￰21￱ us on X , Facebook , Telegram , and Google News