200 Million XRP Moved by Ripple Labs: Will Price Hold $2 Support?

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Key Highlights


Ripple's On-Chain Activity Fuels Community Speculation

Blockchain analytics platform Whale Alert detected a 200M XRP transfer (worth ~$402.7M) from a Ripple Labs wallet to an unknown address on April 11, 2025. While initially alarming, follow-up data from Bithomp indicated the funds were redirected to another Ripple-affiliated wallet.

πŸ‘‰ Why large XRP transfers matter for investors

Context Behind the Move


XRP Price Outlook: Technical and Legal Drivers

Current Market Position

Legal Developments Boosting Confidence

  1. SEC Appeal Dropped: XRP surged 13% to $2.59 after the SEC withdrew its appeal.
  2. Joint Court Filing: Ripple and SEC requested a pause in appeal obligations, signaling potential resolution.

πŸ‘‰ How legal clarity could propel XRP's growth


Analyst Predictions: Bullish Scenarios for XRP

Price Targets

"Bitcoin will reach new ATH. XRP will 10X minimum. Alts will 10X–50X. Stay steady!"
β€” EGRAG CRYPTO (March 2025)

FAQs

1. Why did Ripple transfer 200M XRP?

2. Does this signal a selloff?

3. Can XRP hold $2 support?

4. What’s the long-term XRP price prediction?

5. How does the SEC lawsuit resolution impact XRP?


Conclusion