Massive XRP transfer sparks speculation ahead of upcoming ETF launch. BitGo’s technical mishap adds intrigue to massive XRP transaction. XRP’s potential in ETFs grows as massive transfer raises questions. A massive transfer involving 110,526,316 XRP, valued at approximately $263 million, has raised significant curiosity in the crypto community. According to Whale Alert’s initial report, the transaction took place between two unknown wallets. This development has sparked speculation, especially regarding the timing, as the cryptocurrency community is currently focused on the launch of Canary Capital’s XRP ETFs, which have already been cleared for listing on Nasdaq as previously reported. Meanwhile, further investigation showed that the transfer involved XRP moving between two wallets under BitGo’s control, a self-custody platform known for securing assets on behalf of institutional clients. This is not the first time BitGo has made headlines; the company faced technical issues earlier this week that drew attention from the XRP community. A flaw in BitGo’s automated script recently caused significant disruptions across the XRP Ledger. The issue arose when one of BitGo’s accounts ran out of funds, but the automation continued to trigger new XRP account creation attempts. Each attempt required a standard reserve fee of one XRP, overwhelming the blockchain network and resulting in thousands of failed transactions. Also Read: Arthur Hayes Elevates Zcash (ZEC) as Key Asset in His Family Office Portfolio 110,526,316 #XRP (263,273,418 USD) transferred from unknown wallet to unknown wallethttps://t.co/9KhqZ3mYwC — Whale Alert (@whale_alert) November 12, 2025 Is This a Move Connected to the XRP ETF Launch? The timing of this substantial XRP transfer is especially intriguing. With XRP ETFs still in their early, “canary” phase testing and awaiting full regulatory approval, many in the crypto community are speculating whether this transfer is related to institutional preparations ahead of the potential ETF launch. Large-scale movements of assets like this often signal significant shifts in market positioning, and some believe that BitGo may be positioning itself for the upcoming launch of cryptocurrency ETFs. While the exact connection between this transaction and the XRP ETF launch remains unclear, the transfer of such a large sum to and from BitGo’s own wallets could indicate that the company is securing assets in anticipation of larger moves in the market. Given the stakes involved in ETFs and digital asset regulations, the timing of this transaction, coming shortly after BitGo’s technical mishap, only adds to the intrigue. Impact of Institutional Movements on XRP Despite ongoing legal challenges and volatility in the market, XRP continues to capture the attention of both retail and institutional investors. This recent transaction involving BitGo’s wallets raises important questions about XRP’s future role in institutional portfolios and its potential inclusion in ETF products. As the launch of XRP ETFs unfolds, large transactions such as this one suggest that major players may be preparing for the next phase of crypto investment. While the exact reasons behind this XRP transfer remain speculative, it adds to the growing anticipation surrounding XRP’s future in the evolving digital asset market. The market will continue to watch closely as the XRP ETF launch unfolds and more information comes to light regarding institutional movements in the space. Also Read: JPMorgan and DBS’s New Proposed Framework Looks Like XRP: Pundit The post “Unknown” 110,526,316 XRP Spotted Amid ETF Launch – What is Going On? appeared first on 36Crypto. Massive XRP transfer sparks speculation ahead of upcoming ETF launch. BitGo’s technical mishap adds intrigue to massive XRP transaction. XRP’s potential in ETFs grows as massive transfer raises questions. A massive transfer involving 110,526,316 XRP, valued at approximately $263 million, has raised significant curiosity in the crypto community. According to Whale Alert’s initial report, the transaction took place between two unknown wallets. This development has sparked speculation, especially regarding the timing, as the cryptocurrency community is currently focused on the launch of Canary Capital’s XRP ETFs, which have already been cleared for listing on Nasdaq as previously reported. Meanwhile, further investigation showed that the transfer involved XRP moving between two wallets under BitGo’s control, a self-custody platform known for securing assets on behalf of institutional clients. This is not the first time BitGo has made headlines; the company faced technical issues earlier this week that drew attention from the XRP community. A flaw in BitGo’s automated script recently caused significant disruptions across the XRP Ledger. The issue arose when one of BitGo’s accounts ran out of funds, but the automation continued to trigger new XRP account creation attempts. Each attempt required a standard reserve fee of one XRP, overwhelming the blockchain network and resulting in thousands of failed transactions. Also Read: Arthur Hayes Elevates Zcash (ZEC) as Key Asset in His Family Office Portfolio 110,526,316 #XRP (263,273,418 USD) transferred from unknown wallet to unknown wallethttps://t.co/9KhqZ3mYwC — Whale Alert (@whale_alert) November 12, 2025 Is This a Move Connected to the XRP ETF Launch? The timing of this substantial XRP transfer is especially intriguing. With XRP ETFs still in their early, “canary” phase testing and awaiting full regulatory approval, many in the crypto community are speculating whether this transfer is related to institutional preparations ahead of the potential ETF launch. Large-scale movements of assets like this often signal significant shifts in market positioning, and some believe that BitGo may be positioning itself for the upcoming launch of cryptocurrency ETFs. While the exact connection between this transaction and the XRP ETF launch remains unclear, the transfer of such a large sum to and from BitGo’s own wallets could indicate that the company is securing assets in anticipation of larger moves in the market. Given the stakes involved in ETFs and digital asset regulations, the timing of this transaction, coming shortly after BitGo’s technical mishap, only adds to the intrigue. Impact of Institutional Movements on XRP Despite ongoing legal challenges and volatility in the market, XRP continues to capture the attention of both retail and institutional investors. This recent transaction involving BitGo’s wallets raises important questions about XRP’s future role in institutional portfolios and its potential inclusion in ETF products. As the launch of XRP ETFs unfolds, large transactions such as this one suggest that major players may be preparing for the next phase of crypto investment. While the exact reasons behind this XRP transfer remain speculative, it adds to the growing anticipation surrounding XRP’s future in the evolving digital asset market. The market will continue to watch closely as the XRP ETF launch unfolds and more information comes to light regarding institutional movements in the space. Also Read: JPMorgan and DBS’s New Proposed Framework Looks Like XRP: Pundit The post “Unknown” 110,526,316 XRP Spotted Amid ETF Launch – What is Going On? appeared first on 36Crypto.
“Unknown” 110,526,316 XRP Spotted Amid ETF Launch – What is Going On?
- Massive XRP transfer sparks speculation ahead of upcoming ETF launch.
- BitGo’s technical mishap adds intrigue to massive XRP transaction.
- XRP’s potential in ETFs grows as massive transfer raises questions.
A massive transfer involving 110,526,316 XRP, valued at approximately $263 million, has raised significant curiosity in the crypto community. According to Whale Alert’s initial report, the transaction took place between two unknown wallets.
This development has sparked speculation, especially regarding the timing, as the cryptocurrency community is currently focused on the launch of Canary Capital’s XRP ETFs, which have already been cleared for listing on Nasdaq as previously reported.
Meanwhile, further investigation showed that the transfer involved XRP moving between two wallets under BitGo’s control, a self-custody platform known for securing assets on behalf of institutional clients. This is not the first time BitGo has made headlines; the company faced technical issues earlier this week that drew attention from the XRP community.
A flaw in BitGo’s automated script recently caused significant disruptions across the XRP Ledger. The issue arose when one of BitGo’s accounts ran out of funds, but the automation continued to trigger new XRP account creation attempts. Each attempt required a standard reserve fee of one XRP, overwhelming the blockchain network and resulting in thousands of failed transactions.
Also Read: Arthur Hayes Elevates Zcash (ZEC) as Key Asset in His Family Office Portfolio
Is This a Move Connected to the XRP ETF Launch?
The timing of this substantial XRP transfer is especially intriguing. With XRP ETFs still in their early, “canary” phase testing and awaiting full regulatory approval, many in the crypto community are speculating whether this transfer is related to institutional preparations ahead of the potential ETF launch.
Large-scale movements of assets like this often signal significant shifts in market positioning, and some believe that BitGo may be positioning itself for the upcoming launch of cryptocurrency ETFs.
While the exact connection between this transaction and the XRP ETF launch remains unclear, the transfer of such a large sum to and from BitGo’s own wallets could indicate that the company is securing assets in anticipation of larger moves in the market. Given the stakes involved in ETFs and digital asset regulations, the timing of this transaction, coming shortly after BitGo’s technical mishap, only adds to the intrigue.
Impact of Institutional Movements on XRP
Despite ongoing legal challenges and volatility in the market, XRP continues to capture the attention of both retail and institutional investors. This recent transaction involving BitGo’s wallets raises important questions about XRP’s future role in institutional portfolios and its potential inclusion in ETF products.
As the launch of XRP ETFs unfolds, large transactions such as this one suggest that major players may be preparing for the next phase of crypto investment. While the exact reasons behind this XRP transfer remain speculative, it adds to the growing anticipation surrounding XRP’s future in the evolving digital asset market. The market will continue to watch closely as the XRP ETF launch unfolds and more information comes to light regarding institutional movements in the space.
Also Read: JPMorgan and DBS’s New Proposed Framework Looks Like XRP: Pundit
The post “Unknown” 110,526,316 XRP Spotted Amid ETF Launch – What is Going On? appeared first on 36Crypto.
Market Opportunity
XRP Price(XRP)
$2.1294
$2.1294$2.1294
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny
The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
Fed Decides On Interest Rates Today—Here’s What To Watch For
The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Stablecoin Payments: South Korean Card Giants Launch Crucial Second Task Force for Digital Currency Integration
BitcoinWorld Stablecoin Payments: South Korean Card Giants Launch Crucial Second Task Force for Digital Currency Integration SEOUL, South Korea – February 2025
Share
bitcoinworld2026/01/05 10:55