As per 36 Crypto, a massive transfer of 78,290,827 XRP, valued at $175.7 million, was moved between two unknown wallets on November 17, 2025. Whale Alert reported the transaction, which was later identified as being initiated by BitGo, a major crypto custody provider. The move coincides with the recent launch of the Canary XRP ETF and has raised speculation about institutional involvement and potential market shifts. Separately, over 200 million XRP tokens were sold off by whales within 48 hours, causing price volatility and concerns about XRP’s stability.
78,290,827 XRP Moved in Single Transfer, BitGo and Whale Sell-Off Spark Speculation
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