XRP Whale Moves For Profit: $50M Token Transferred as Ripple Case Ends

23 Aug, 2025 Updated 23 Aug, 2025

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XRP Whales have bought more coins in the past two weeks

XRP Whale Transfers $50M Token to Coinbase

In an X post, the on-chain analytics page Whale Alert revealed that an individual whale has sent 16,594,920 XRP tokens to a wallet in Coinbase. Notably, this many tokens are worth more than $50M, the current XRP price, as it trades above $3 mark.

: Source: X, Whale Alert

This token move comes as its recent developments in the Ripple vs SEC lawsuit fuel investors’ optimism. Moreover, the crypto market is up today thanks to Friday’s Fed Chair Jerome Powell’s Jackson Hole speech, where he left a hint for a potential interest rate cut in the future.

As a result, the Ripple token’s worth grew nearly 10% in 24 hours, currently trading at $3.03 with a market cap of $180B. The whale move is also alleged to be in attempts to take the opportunity of the ongoing uptrend, but there’s no confirmed update on the sell.

Ripple vs SEC Case End: What It Means For XRP?

For more than four years, the Ripple case has been the biggest hurdle for XRP. Its performance often tumbled due to the legal issues before finally things began to settle in late 2024. Now, as the Ripple vs SEC lawsuit came to an end after both parties’ joint dismissal at the beginning of the month, and the Second Circuit court’s approval on August 22, the hurdle shouldn’t exist anymore.

#XRPCommunity #SECGov v. #Ripple #XRP The Second Circuit has approved the Joint Stipulation of Dismissal. pic.twitter.com/v796dAtfiZ

— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) August 22, 2025

For years, analysts have anticipated the XRP to hit $10, $100, or even $1,000 once the case ends. However, that is not reality, as the token still tumbles around $3, but the regulatory clarity could push it higher.

In today’s rally, an XRP whale has made the move to send its holdings to a wallet on Coinbase, in the hope of further uptrends. However, if the whale drops this large sum in the market, a downtrend may begin.

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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Frequently Asked Questions (FAQs)

1. Is the Ripple vs SEC lawsuit now over?

Yes, the case is now finally over as the Second Circuit court approved the joint dismissal.

2. How much will the XRP price surge after the Ripple case update?

The XRP price has surged nearly 10% in the past 24 hours after the case officially ended.

3. What does Jerome Powell have to do with the XRP whale’s move?

Jerome Powell’s Jackson Hole speech and the Ripple case fueled the XRP price rally, inspiring investors to move to exchanges.

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.