Ripple just moved $610 million XRP; What’s next?

Blockchain firm Ripple has moved a substantial amount of XRP , a transaction that is likely to influence the short-term movement of the asset. Specifically, Ripple transferred 200 million XRP, worth roughly $610 million, from its treasury to an unknown wallet, according to on-chain data shared by Whale Alert on October 6. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 200,000,000 #XRP (610,012,938 USD) transferred from #Ripple to unknown wallet ￰0￱ — Whale Alert (@whale_alert) October 6, 2025 The massive on-chain transfer does not have a clear reason behind it. Notably, the company often moves large amounts of XRP to reposition liquidity or fund ecosystem and institutional ￰1￱ believe the move prepares for upcoming liquidity needs, while others suspect possible OTC ￰2￱ next for XRP price If the tokens enter the market through sales or institutional deals, selling pressure could briefly slow the ￰3￱ significant transfer comes at a time when XRP is approaching the crucial $3 level, with analysts suggesting possible scenarios in the short ￰4￱ this end, analysis by Ali Martinez in an X post on October 7 pointed out that XRP is approaching a critical resistance level near $3.15.

Notably, this zone has capped previous rallies and now stands as the next major hurdle for ￰5￱ price analysis chart.) stands at $2.94, suggesting moderate short-term bullish momentum as buyers maintain control above this key level. Meanwhile, the 200-day SMA sits at $2.61, indicating that the longer-term uptrend remains intact and providing a strong support base if prices ￰6￱ the other hand, the 14-day Relative Strength Index ( RSI ) of 51.76 reflects a balanced market, neither overbought nor oversold, implying that XRP still has room for upward movement if buying pressure ￰7￱ image via Shutterstock