XRP Whales Spark Buzz with a Massive $23.8 Million Move, Hinting at Big News

On March 19, at 7:06 AM WAT, crypto fan @amonbuy dropped a post on X saying,
“Whales keep buying; they definitely know what’s coming,” along with a snapshot of a transaction summary that has the crypto community buzzing.

The transaction shows 10,354,338.655 XRP being moved on March 17, with a transaction fee of just 0.000012 XRP—a tiny cost for such a massive sum. At today’s price of $2.30 per XRP, that’s around $23.8 million flowing through the XRP Ledger in seconds.

🔗 Post by @amonbuy: View on X

Table of Contents

Breaking Down the Big XRP Transfer

The details from the XRP Ledger show a “SUCCESS” payment with a ledger number 9,427,989 and a sequence of 562,918. It occurred between wallet addresses starting with “r,” hinting at involvement from major players in the XRP ecosystem.

One major highlight? The transaction was completed in under a second, once again proving how fast, scalable, and cost-efficient XRP is for large financial transfers.

With billions of XRP tokens circulating, a 10.35 million XRP move is significant and has traders speculating about what might be coming next.

What’s Going On with XRP Right Now?

XRP has been experiencing price fluctuations, dropping to $2.13 on March 1 after a 17% dip in a single day and a 31% decline over the past month. However, it has since stabilized around $2.30, fueled by key developments such as:

Brazil launching its first XRP ETF in February 2025.
Ripple’s partial win against the SEC back in 2023.
The U.S. including XRP in its crypto strategic reserve on March 2, 2025.

These major moves are likely attracting whales and institutional investors, as XRP price prediction models indicate growing demand.

What People Are Saying on X

XRP enthusiasts on X (formerly Twitter) are buzzing with speculation over @amonbuy’s post.

🔹 Some users are hyped, saying, “XRP will moon soon,” anticipating a massive price surge.
🔹 Others are asking, “What is coming? SWIFT replacement?”, hinting at XRP’s potential to revolutionize global finance.
🔹 A few even mentioned $PHNIX, a meme coin on the XRP Ledger, which has been trending despite its $0.00002 price tag and $11 million market cap.

🔗 Community Reactions:

While $PHNIX has no direct impact on XRP’s fundamentals, its growing popularity shows how active and engaged the XRP community is.

Conclusion

This $23.8 million XRP whale move has sparked serious speculation in the crypto space. While some believe it signals institutional adoption, others see it as a sign of major upcoming developments in XRP news.

With XRP’s speed, cost efficiency, and increasing adoption, many investors are watching closely to see if this whale activity marks the beginning of a bigger rally. Will XRP’s price react soon? Only time will tell. 🚀