A breathtaking movement of XRP has just been recorded with 44.1 million tokens worth over 97 million US dollars at the current market price and transferred to an unknown wallet by Turkish crypto exchange Paribu.
The sudden step, which is originally known from an XRP investor with XAIF on social media platform X, takes place in a projected wave of a giga pump forecast of technical analysts conflict Through fluctuating bullish feeling To the cryptocurrency.
44 million XRP leaves Paribu for unknown wallet
On May 31, 2025, exactly 9:51 am UTC, a transaction was carried out with 44,100,000 XRP in the XRP main book. The Source was identified as Paribu, one of the most famous cryptocurrency exchanges of Türkiye.
This makes the source even more interesting when you consider that it is not the most popular crypto exchanges in Western. Nevertheless, the tokens were transferred to the item’s pocket address “RKEWG9”, which has not yet been connected to a greater exchange or administrator.
Blockchain data confirm that the entire amount has been successfully delivered, with a transaction fee of only 0.00001 XRP. As the XRP analyst has determined, this is most likely a message from a huge investor who indicates a battery train.
This is because a significant movement of crypto token is mainly regarded by an exchange platform as a sign of long-term participation that reduces sales pressure.
If such transmissions are made with high volume, they are mainly positioned by institutions or people with high network purchases in front of a larger price layer. In a market where the mood can change quickly, Such movements have mental weight.
As expected, it caused a certain optimism among smaller owners, and the next outlook is whether it can wear More buyers expect a rally.
Giga pump for XRP?
A brave proclamation of the Amonyx market analyz, which recently went to X to share an ultra-bullish view for XRP, is a brave proclamation of the Amonyx market analysis. In particular, the analyst found that XRP is on the way to print a “Giga pump” into the predictable long -term prints.
The diagram he shared shows a long-term symmetrical triangle breakout pattern, which points out that XRP has finally crossed a multi-year consolidation phase over the monthly time frame of candle stings that goes back to 2018.
The similarity of this outbreak with bitcoins similar outbreak in 2016 is unmistakable. In view of the subsequent Bitcoin price campaign, the analyst at this time projected a similar step for The XRP price.
Amonyx diagram describes a U-Ober-Fibonacci expansion goal of $ 27.16, whereby a more extreme resistance band means around $ 71.41, which implies a high momentum movement at the macro level. Both levels correspond to the 1.618 and 1.902 FIB extension levels. On the sustainable trajectory, XRP would compete with Ethereum and possibly even Bitcoin in terms of market capitalization.
Image of X: Amonyx
At the time of writing, XRP was traded by $ 2.19 by 1.33% in the last 24 hours.
Selected picture of Unsplash, Diagram from Tradingview
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