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Ripple Transfers $457M XRP Amid SEC Negotiations

Coin WorldFriday, Mar 14, 2025 11:35 pm ET
1min read

Ripple, the blockchain-based payment protocol, has recently made headlines with a significant transfer of 200 million XRP, valued at approximately $457 million. This substantial movement of XRP has sparked speculation among investors and analysts about Ripple's strategic intentions and the potential impact on the cryptocurrency market.

The transfer was first reported by Whale Alert, a platform that tracks large cryptocurrency transactions. Ripple is known for its regular transfers of XRP, including the scheduled release of 1 billion XRP monthly from its escrow to maintain the token's liquidity. However, the recent transfer of 200 million XRP has garnered particular attention due to its size and the timing, which coincides with ongoing negotiations between Ripple and the Securities and Exchange Commission (SEC).

The SEC has been involved in a high-profile case against Ripple, alleging that the company sold unregistered securities in the form of XRP. The case has been ongoing for several years, with a district court ruling in August that fined Ripple $125 million and restricted the company from selling its native token to institutional buyers. The delay in resolving the case is attributed to Ripple's efforts to negotiate a favorable settlement with the SEC.

Investors and traders are closely monitoring the market performance of XRP as Ripple continues its negotiations with the SEC. Analysts have noted that XRP has completed its price correction using a four-hour time frame, and there are various price predictions for the token. Some commentators suggest that XRP could initially hit $2.42 before making a significant run. Once XRP's price emerges from the "Ichimoku clouds," it is expected to reach higher highs.

Currently, XRP's support levels are at $2.04 and $2.22, with many anticipating short-term volatility. However, a favorable resolution of the SEC case could provide a substantial boost to XRP's price, with analysts predicting it could reach $4.25 or even $5.80. The outcome of the SEC case remains a critical factor in determining the future trajectory of XRP and Ripple's strategic moves in the cryptocurrency market.

Comments

Post
girldadx4
23 hour ago
$XRP outta the clouds? 🚀 Maybe, but first, it needs to break through resistance. Staying cautious on this one.
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OG_Time_To_Kill
20 hour ago
@girldadx4 Think it'll break through?
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throwaway0203949
19 hour ago
@girldadx4 Agreed, resistance is key.
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SeriousTsuki
23 hour ago
XRP's volatility a thrill ride for traders.
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goodpointbadpoint
21 hour ago
@SeriousTsuki Think it's just a pump?
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greenpride32
23 hour ago
SEC case is a wildcard. Ripple's moves could be bullish or bearish. HODLing XRP for now, but watching those levels.
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Charming_Raccoon4361
22 hour ago
@greenpride32 I'm also holding XRP, but I'm cautious. I don't want to miss out on gains, you know?
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BrianNice23
21 hour ago
@greenpride32 How long you planning to HODL XRP? Any specific target in mind?
0
ImplementEither7716
23 hour ago
Ichimoku clouds, huh? 🤔 Always loved a good chart read. XRP's got potential, but timing is everything.
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Such-Ice1325
19 hour ago
@ImplementEither7716 Think XRP can hit $5.80?
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spanishdictlover
23 hour ago
200M XRP move is huge. If Ripple swings with the SEC, this baby could moon. Keep your eyes peeled.
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Just_Fox_5450
23 hour ago
Ripple's moves like chess, thinking 4 steps ahead.
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serkankster
21 hour ago
@Just_Fox_5450 True, Ripple's moves seem strategic.
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stertercsi
23 hour ago
HODLing XRP, waiting for that sweet pump.
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grailly
22 hour ago
@stertercsi How long you planning to HODL XRP? Waiting for a specific trigger or just riding the wave?
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AP9384629344432
23 hour ago
SEC case drama, XRP moon potential? 🤔
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deejayv2
23 hour ago
Ripple's got the SEC on speed dial. Who needs a phone when you have lawyers? 📋💼
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solidpaddy74
21 hour ago
@deejayv2 SEC got ringing ears, lol. Hope they answer, or Ripple's HODLing forever. 📞🚀
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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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