Breaking: Ripple’s Unusual XRP Release Shakes Crypto Market on New Year’s Day

• Ripple releases 1 billion XRP from escrow monthly; January’s single large transaction deviates from usual pattern.
• 30 million XRP transferred to South Korean exchange Bithump, indicating potential profit-taking from recent price surge.

Whale Alert, has reported the first large-scale XRP transaction of 2025, involving 500 million XRP coins transferred between two anonymous addresses.

This transaction occurred on January 1 and was notable for its sheer volume, valued at approximately $1.07 billion, given the current exchange rate of $2.13 per XRP.

🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 500,000,000 #XRP (1,070,455,137 USD) unlocked from escrow at unknown wallet https://t.co/3GCjVkzkpQ

— Whale Alert (@whale_alert) January 1, 2025

Ripple’s Monthly Financial Activity

Investigations into the transaction revealed that Ripple, the enterprise behind the Ripple payment protocol and exchange network, initiated this transfer. It is customary for Ripple to release 1 billion XRP from escrow at the beginning of each month, executed in several transactions.

However, on this occasion, only one substantial transaction was logged by Whale Alert, diverging from the typical pattern of multiple smaller transactions.

🚨 🚨 🚨 30,000,000 #XRP (64,034,753 USD) transferred from unknown wallet to #Bithumb https://t.co/E79n4ZKF4c

— Whale Alert (@whale_alert) January 1, 2025

Large XRP Transfer to South Korean Exchange

In a related development, Whale Alert also detected a significant transfer of 30 million XRP to Bithump, a prominent South Korean cryptocurrency exchange. The transferred amount, worth $64.03 million, likely indicates that traders are moving substantial volumes of XRP to exchanges, possibly to capitalize on recent price increases.

🚨 🚨 🚨 30,000,000 #XRP (64,034,753 USD) transferred from unknown wallet to #Bithumb https://t.co/E79n4ZKF4c

— Whale Alert (@whale_alert) January 1, 2025

Previously, in December, XRP was priced at $0.6 but had escalated to nearly $3 earlier this month.

Market Implications of the Transaction

This large transaction and the movement of XRP to exchange platforms reflect the active trading environment for XRP, influenced by its volatile price changes. Such movements are critical for market watchers and participants, as they can significantly affect the liquidity and price stability of XRP .

XRPUSDT is currently offering a promising trading scenario within the cryptocurrency exchange landscape, showcasing a potential return of 83% to 415% with 5X leverage. This detailed analysis serves as a blueprint for traders seeking to capitalize on this opportunity by leveraging informed market entry and exit strategies.

Entry and Exit Points for XRPUSDT

Traders are advised to initiate positions within a buy-in range of $2.0333 to $2.1950. To systematically secure profits, the strategy outlines multiple profit-taking levels (TP), strategically set from $2.2521 to $3.9677. Each level is designed as a juncture for traders to harvest gains, contingent upon favorable market movements.

$XRP #XRPUSDT | #Altcoins
🎯 XRPUSDT Trade-Numbers (83% Potential —415% w/ 5X)

Good morning my dear friend/follower and Happy New Year.
I am wishing you a great 2025. I know that's the way it is going to be thanks to Crypto (Bitcoin, the Altcoins market and XRP).

Here is a… pic.twitter.com/p5ONSSa6a9

— Alan Santana (@lamatrades1111) January 1, 2025

Risk Management in Crypto Trading

An essential component of this trading plan is the stop-loss order, placed if XRPUSDT closes weekly below $1.9300. This safeguard is critical to curtail potential losses if the market trends downward, emphasizing the necessity of preserving capital in volatile trading environments.

Technical Analysis and Market Sentiment

From a technical perspective, the price action of XRPUSDT has demonstrated bullish tendencies with consistent formation of higher lows since December 9. This pattern indicates a robust upward momentum, aligning with the bullish market sentiment observed in the trading pair.

Optimizing Short-term Crypto Trades

This investment setup is tailored for a short-term trading window of up to 30 days, focusing on agility and quick profit realization in the crypto trading sphere. The strategy highlights a favorable risk-reward ratio, asserting that the gains potential robustly offsets the positioned risks, especially if the support level established on December 9 remains unbreached.

By adhering to this structured trading strategy, participants can navigate the complexities of the crypto market with enhanced confidence. The approach not only delineates precise entry and exit thresholds but also integrates critical risk management tactics to protect against unforeseen market fluctuations

The current price of XRP (Ripple) is $2.26 USD, with a significant 24-hour trading volume of $5.17 billion USD. In the past 24 hours, XRP has risen by an impressive 6.83%, showcasing strong momentum in the market. 

However, over the past week, XRP has experienced a slight decline of 0.61%, reflecting mixed sentiment among traders. Its market capitalization is approximately $129.83 billion USD, ranking XRP as the fourth-largest cryptocurrency by market cap.

Key Observations:

1. Price Range:
   • XRP has traded within the range of $2.07 USD to $2.25 USD in the last 24 hours, showing a strong upward movement.
   • Currently, XRP is trading 38.01% below its all-time high of $3.40 USD, achieved in January 2018. This indicates room for growth as it continues to recover from past declines.
2. Market Activity:
   • XRP’s circulating supply is 57.4 billion tokens, with a maximum supply capped at 100 billion tokens.
   • Despite the rise in price, there has been an 8.3% decrease in trading volume, signaling a potential slowdown in market activity after a period of heightened interest.
3. Support and Resistance:
   • Immediate resistance is identified at $2.30 USD, a key level XRP must break to continue its bullish trajectory.
   • On the downside, critical support is observed around $2.10 USD, with further support at $2.00 USD if the price faces a correction.