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XRP News: Ripple Transfers 200M XRP Amid Growing SEC Settlement Rumors

XRP News: Ripple Transfers 200M XRP Amid Growing SEC Settlement Rumors

EthnewsEthnews2025/03/14 08:22
By:By Sharron KendiEdited by John Kiguru
  • Ripple moves 200M XRP to an unknown wallet, sparking speculation about liquidity needs or internal restructuring amid SEC settlement talks.
  • XRP’s market outlook improves with potential SEC settlement, targeting short-term price levels of $2.42 and long-term projections up to $5.86.

In what is viewed as an internal restructuring move, Ripple has transferred 200 million XRP , worth $457 million, to an unknown wallet.

This transaction has sparked speculation about its implications for the market, particularly in light of the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). As discussions continue over a possible settlement, this transfer has intensified attention on XRP’s future.

Whale Alert flagged the notable transfer of XRP, with an address linked to Ripple sending 200 million XRP to a new, unidentified wallet. This movement has raised concerns within the crypto community since the wallet involved has had no prior interactions with Ripple.

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 200,000,000 #XRP (457,581,314 USD) transferred from #Ripple to unknown wallet https://t.co/XRE0jAsB40

— Whale Alert (@whale_alert) March 13, 2025

Some industry analysts are speculating about the anticipated reasons behind this transaction, from liquidity needs for Ripple’s institutional partners to possible preparations for a market shift.

While Ripple has yet to release an official statement regarding the transfer, several theories have emerged. Some believe this move is related to providing liquidity for large-scale institutional activities, while others suggest that XRP may be prepared for use on crypto exchanges.

Another possibility is the internal restructuring of Ripple’s wallets, though this would likely have little impact on market prices. The uncertainty surrounding the reasons for the transfer has kept investors on edge, with many closely monitoring any further developments.

The SEC Lawsuit and Settlement Talks

Alongside the XRP transfer, rumors about a potential resolution between Ripple and the SEC are intensifying. The lawsuit has dragged on for several years, leaving the crypto market in suspense.

According to ETHNews , Legal expert Fred Rispoli has indicated that a settlement could be achieved relatively smoothly for both parties, despite the ongoing legal challenges. A primary obstacle remains an injunction order against Ripple imposed by Judge Torres.

Rispoli suggests a possible approach to bypass this issue by having both parties file a joint motion to vacate the injunction. This strategy could lead to a better dismissal of the case, paving the way for a final resolution.

Eleanor Terrett from X has also weighed in, hinting that Ripple’s legal team is pushing for terms more favorable than the existing $125 million fine and the injunction preventing XRP from being sold to institutional buyers.

XRP Market Outlook and Potential Price Movements

The speculation surrounding Ripple’s speculated SEC settlement has influenced XRP’s market outlook. Analysts believe the token has recently completed its correction on the four-hour chart, indicating it might soon target higher levels. Projections suggest that XRP could reach $2.42 soon, with further gains likely if the cryptocurrency breaks above the Ichimoku clouds.

Hi all! I hope you are well!

XRP has finalised the correction on the four-hour time frame! Below is the daily time frame.

Considering the correction structures, XRP is expected to move towards $2.42 first. The real momentum will start after XRP stands above the Ichimoku… pic.twitter.com/Wh4u3PUogO

— Dark Defender (@DefendDark) March 12, 2025

Support levels for XRP are set at $2.22 and $2.04, and while short-term volatility is expected, there are longer-term expectations for price growth. If the market sentiment shifts positively following a possible SEC settlement, XRP’s price could see an upward momentum, with some analysts predicting that it could hit targets of $4.29 or even $5.86.

XRP News: Ripple Transfers 200M XRP Amid Growing SEC Settlement Rumors image 0 Source: X
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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