Ripple’s long-standing partner, SBI Holdings , has ignited fresh market speculation by transferring a staggering 320 million XRP, valued at over $703 million. Blockchain analytics platform Whale Alert first flagged the transaction, which came just days before Ripple’s scheduled release of 1 billion XRP from escrow. The timing and scale of this move have raised eyebrows across the crypto community. With Ripple’s routine monthly token unlock known to increase circulating supply, many suspect that SBI’s transfer was a strategic play, possibly to front-run any downward price pressure that might follow the anticipated token release. XRP Holds Steady Amid Uncertainty Despite the noise around this massive transaction, XRP’s price has remained range-bound for weeks. The fourth-largest cryptocurrency by market capitalization continues to hover between $2.10 and $2.20, leaving investors in a state of limbo. 320,000,000 #XRP (703,517,724 USD) transferred from unknown wallet to unknown wallet https://t.co/EzDk6g8ZUw — Whale Alert (@whale_alert) June 30, 2025 Still, technical analyst Lingrid remains optimistic. She believes XRP is quietly positioning for a breakout, supported by a series of bullish patterns within a broad ascending channel. According to her analysis, the altcoin has repeatedly bounced from lower support levels, creating a “stair-step” climb toward a critical resistance line. “As long as XRP holds above the $2.00 support level,” Lingrid explained, “there’s a strong chance we could see a breakout to the $2.45 region. Buyers are steadily building pressure just beneath resistance, suggesting a potential spike is near.” Momentum Building for Next Bullish Leg? Adding to the growing anticipation is well-known crypto strategist DonAlt, whose previous calls on XRP’s price movements have proven remarkably accurate. Reflecting on the current market setup, he suggested that XRP may be gearing up for “Round 2” of its bullish surge. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 His perspective echoes the broader market sentiment that XRP’s recent consolidation could be laying the groundwork for another parabolic move. If history is any indication, such quiet phases often precede explosive price action, especially when accumulation and technical resilience are evident. With the release of 1 billion XRP , the market remains on edge. XRP is currently trading at around $2.22, and all eyes are on whether the asset can break through resistance or succumb to increased selling pressure. Regardless of the outcome, SBI’s massive XRP movement signals that major institutional players are actively positioning themselves ahead of key market events, reminding everyone just how closely the fate of XRP is tied to both strategic foresight and broader market dynamics. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post SBI Makes Strategic 320M XRP Transfer Ahead of Ripple’s 1 Billion Tokens Unlock appeared first on Times Tabloid .
