Recently, there has been new activity in the crypto space. Ripple's stablecoin division transferred $20 million RLUSD twice to an address associated with Gemini without prior announcement, totaling $40 million. This operation was conducted very discreetly, and the community only noticed it after the data was on-chain.
Currently, the RLUSD in this wallet has accumulated to 98.3 million tokens, approaching the 100 million mark. How important is this number? Currently, RLUSD has a total market cap of $1.33 billion, with a 24-hour trading volume of $110.7 million. This transfer has brought the holdings of a single associated address close to 10% of the total supply. The significance is indeed substantial.
The XRP community responded enthusiastically, with various speculations flying around—what is this money intended for? Where is it flowing? But it’s worth noting that, so far, this $40 million has neither entered retail trading pairs nor been officially announced, making the entire process appear very cautious.
To truly understand the implications of this move, the key is not just the amount itself but the timing and the ultimate flow of the funds. These two points are the window into Ripple’s intentions. Past market trends, policy environment, and ecosystem layout—every detail could hint at Ripple’s next move in the stablecoin arena.
On-chain data is right there; how things develop next remains to be seen by time.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
8
Repost
Share
Comment
0/400
LiquidityOracle
· 18h ago
This operation is indeed a bit secretive; Ripple tends to make a big splash when it finally makes a move.
View OriginalReply0
unrekt.eth
· 01-11 16:51
Hmm... such a large sum of money was transferred quietly like this, Ripple really knows how to play
---
Gemini wallet is almost holding 100 million RLUSD, this pace feels off
---
Low-key operations being exposed, is this what you call "market research" haha
---
Almost 10% of the total supply is in hand, I don't believe there are no follow-up plans
---
Let's wait and see how Ripple moves next
---
Another mysterious operation, how will the XRP community interpret this
---
The most concerning thing is these large transfers with no statement, it feels like anything could happen
---
Wow, 40 million just went in silently, I just want to know when it will come out
---
Ripple's move is very cautious, which makes people even more curious
---
It's not about whether there's a lot of money or not, the key is where to go next
View OriginalReply0
PumpingCroissant
· 01-11 16:47
Hey, Ripple is playing a sneaky game again, quietly moving 40 million like this.
Ripple's move is really clever, using the classic tactic of acting first and reporting later. The community only reacts after it goes on the chain, which is quite cunning.
A nearly 10% share of a 1 billion dollar market cap being eaten up by a single address—what kind of move are they making?
No movement with the 40 million, indicating Ripple is holding back a big move. Let's see how they play it next.
Ripple is becoming more aggressive in the stablecoin sector. It feels like they are about to cause some trouble.
View OriginalReply0
WinterWarmthCat
· 01-11 16:44
40 million was quietly transferred in, Ripple's move is indeed quite strategic.
View OriginalReply0
LayoffMiner
· 01-11 16:44
Forty million just quietly went in like that. Ripple's move is quite clever.
View OriginalReply0
GasFeeCry
· 01-11 16:40
40 million quietly invested, Ripple is making a big move again in this game.
View OriginalReply0
AmateurDAOWatcher
· 01-11 16:36
$40 million quietly transferred in, this pace is a bit intense
What is Ripple up to now? It's really becoming more and more inscrutable
10% of the supply in one wallet, this move needs careful consideration
Where's the promised openness and transparency? Feels like all operations are behind the scenes
Waiting for an official statement, but I bet they still need to hold back for a while
This is probably Ripple's style, always keeping people guessing
It feels like a big event is about to happen, let's see how they move next
View OriginalReply0
MetaMaximalist
· 01-11 16:22
honestly, this silent accumulation pattern is textbook protocol positioning—reminds me of the infrastructure plays we saw during the last adoption curve inflection. ripple's clearly telegraphing something about stablecoin network effects without spoiling the market mechanics. most retail still won't parse the timing significance here, which is precisely the point.
Recently, there has been new activity in the crypto space. Ripple's stablecoin division transferred $20 million RLUSD twice to an address associated with Gemini without prior announcement, totaling $40 million. This operation was conducted very discreetly, and the community only noticed it after the data was on-chain.
Currently, the RLUSD in this wallet has accumulated to 98.3 million tokens, approaching the 100 million mark. How important is this number? Currently, RLUSD has a total market cap of $1.33 billion, with a 24-hour trading volume of $110.7 million. This transfer has brought the holdings of a single associated address close to 10% of the total supply. The significance is indeed substantial.
The XRP community responded enthusiastically, with various speculations flying around—what is this money intended for? Where is it flowing? But it’s worth noting that, so far, this $40 million has neither entered retail trading pairs nor been officially announced, making the entire process appear very cautious.
To truly understand the implications of this move, the key is not just the amount itself but the timing and the ultimate flow of the funds. These two points are the window into Ripple’s intentions. Past market trends, policy environment, and ecosystem layout—every detail could hint at Ripple’s next move in the stablecoin arena.
On-chain data is right there; how things develop next remains to be seen by time.