Okay, so Whale Alert – basically the neighborhood watch of the crypto world – noticed a lot of XRP moving around on Friday night. Like, $107,775,259 worth. Which, let’s be honest, is more money than I’ve made in several lifetimes. 💅
Naturally, the internet did what the internet does best: started shouting theories. Was it a whale dumping? The beginning of the altcoin apocalypse? Turns out… it was just someone moving money around. Color me shocked. 🙄
🚨 🚨 🚨 🚨 🚨 35,000,000 #XRP (107,775,259 USD) transferred from unknown wallet to unknown wallet
– Whale Alert (@whale_alert) August 15, 2025
35,000,000 XRP on move by Ripple
So, after some digging (by people with way too much time on their hands, let’s be real), it turns out it was Ripple itself. They were just… transferring funds *within* Ripple. Like moving cash from your checking to your savings. Maybe they needed to buy a really nice office chair? Who knows. They could sell it, invest it…or just, you know, pay the electric bill. It’s a very expensive electric bill, apparently. 💸
Ripple completes August escrow withdrawal later than usual
And then there was the whole “Ripple stopped releasing XRP from escrow” drama. Everyone was convinced it was a sign of the end times. Turns out, they were just… late. Like when you forget to pay your parking ticket. Eventually, they released a billion XRP, and everyone calmed down. It reminded me of waiting for the next season of my favorite show – the anticipation is half the fun, right? 📺
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2025-08-16 14:09