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Ripple Transfers Over $152 Million in XRP to Binance After 600M Coins Shuffle

Varinder Singh
1 hour ago
Varinder Singh

Varinder Singh

Independent Sr. Journalist
Expertise : Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Ripple Transfers Over $152 Million in XRP to Binance After 600M Coins Shuffle

Highlights

  • Ripple transfers 75,316,328 XRP coins worth over $152 million to Binance.
  • This comes following a 600 million coins reorganization by Ripple to multiple wallets.
  • XRP price jumps amid continued inflows into XRP ETFs.

Ripple made another XRP transfer worth millions to a wallet linked to crypto exchange Binance on Thursday. This comes despite a bullish outlook by analysts amid continuous inflows into spot XRP ETFs.

Ripple Moves Over 75 Million XRP Coins to Binance

On December 12, Whale Alert reported a 75,316,328 transfer from Ripple to a wallet linked to Binance crypto exchange. The transaction is worth $152.98 million at the current market price.

The transfer initiated from Ripple (50) wallet to its subwallet “rnU65s.” The XRP coins then moved to 75,316,328 to “rpxh7h,” a wallet activated by Binance (10). The massive over $152 million transaction drew the crypto community’s attention, sparking speculation of a potential XRP price pullback.

Whale Alert highlighted another 90 million XRP transfer worth almost $185 million. However, on-chain analysis confirmed internal transfers between eToro subwallets.

Notably, these wallet movements followed massive reorganization of its wallets by Ripple. Over 600 million XRP coins were moved to subwallets and new wallets on Thursday.

Ripple Wallet Reshuffling
Ripple Wallet Reshuffling. Source: BigXRPMoves

Meanwhile, spot XRP ETF recorded $16.42 million in inflows on Thursday, according to SoSoValue data. The net inflows to date approach $1 billion, with the 21Shares XRP ETF (TOXR) joining other ETFs.

Will XRP Price Tank Below $2 Again?

As CoinGape reported, Ripple moved XRP coins worth over $101 million to Binance last week. In the next few hours of the transfer, the price fell more than 5%.

Notably, the crypto asset has been moving in a descending channel since October. XRP price failed to sustain a breakout for a rally towards $3 due to the October 10 crypto market crash. Analysts predicted a potential rally towards $2.75 if the price breaks above $2.28.

XRP Price in 24-Hour Timeframe
XRP Price in 24-Hour Timeframe

At the time of writing, XRP price is trading at 1.70% higher at $2.04 in the past few hours, following a slight rebound. The intraday lows and highs are $1.98 and $2.05, respectively. Furthermore, trading volume has dropped by 30% over the last 24 hours, indicating a lack of interest among traders.

Meanwhile, CoinGlass data revealed that total XRP futures open interest decreased over the last few hours. The 24-hour total futures open interest also tumbled 0.33% to $3.69 billion. The XRP futures open interest on CME and Binance are up 2% and 0.41% at press time.

Also Read: 8 Proven Ways to Earn Passive Income with Crypto in December 2025

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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