The post XRP Turns 13: Ripple Celebrates By Transferring Over 600M XRP appeared first on Coinpedia Fintech News
XRP just turned 13, and coinciding with this special occasion, Ripple has moved hundreds of millions of XRP. This marked a major milestone since its creation in 2012 by Ripple co-founder Arthur Britto.
Ripple Moves Over 600M XRP Tokens
Whale Alert spotted that initially 330 million tokens were moved from an unknown wallet to Ripple. According to XRPScan, the transfer was just an internal move. Ripple shifted the tokens from its own ‘Ripple 26’ wallet to ‘Ripple 1.’
Then, 2 minutes later, another 170 million tokens were moved. After this, 670 million tokens were locked in escrow in two transactions, which is a routine done at the start of each month. Ripple is yet to initiate its 1 billion escrow unlock.
— Whale Alert (@whale_alert) June 1, 2025
Ripple has recently shifted from its usual escrow routine. Instead of releasing 1 billion XRP on the 1st of each month and re-locking 700 million, Ripple has been moving tokens between wallets first. In May 2025, it shuffled 1 billion XRP on May 1 and re-locked 700 million before the regular monthly release. The expected 1 billion XRP was unlocked a day later on May 2.
Ripple Moves More Tokens
After locking 670 million XRP in escrow, Ripple kept moving tokens. On June 1, it transferred a total of 130 million XRP from its “Ripple 39” wallet to three unknown wallets, one received 50 million, and the other two got 40 million each.
With Ripple now holding a massive XRP reserve, some believe that it could be gearing up for strategic acquisitions or ecosystem expansion.
XRP is down over 7% this week and has dropped below key support at $2.23, now trading near $2.15. Technical indicators show selling pressure, but many still expect a rebound due to its strong long-term outlook and upcoming events.
