In a staggering display of purchasing power, a mysterious whale has just acquired more than 236.98 billion XRP—an eye-watering sum that, under normal market dynamics, should have caused ripples, if not waves, in XRP’s price. However, as pointed out by crypto market analyst DigitalG on X, the transaction, which took place approximately two hours ago, failed to elicit even the faintest flicker in the price of XRP on the open market. This has raised serious questions about the transparency, liquidity, and price integrity of the XRP market. When a whale buys more than a quarter of a billion XRP a couple of hours ago, without so much as a flicker in unit price of XRP, surely even the most trusting will suspect that this whole XRP market has a few fundamental issues. pic.twitter.com/KPm2W9AFgu — DigitalG (@DigitalG15) May 21, 2025 A Whale-Sized Purchase That Moved Nothing According to blockchain data, the successful transaction was executed on May 21, 2025, at 03:50:41 PM UTC. It was recorded in Ledger 96,272,895 with a minimal transaction fee of 0.006 XRP. The funds originated from Kraken, one of the industry’s oldest and most reputable crypto exchanges , and were sent to an address identified as rns6NArrzCUwFUk2soU9vZCwJRNNaMURZGx with a destination tag of 1234. The total amount delivered was 236,982,972.019669 XRP, nearly a quarter of a billion tokens, and the on-chain specification for the transaction was marked as a standard payment. With such an enormous transfer, many would expect significant upward pressure on XRP’s spot price, yet the market remained unmoved. DigitalG Raises the Alarm Crypto analyst DigitalG, known for his sharp assessments of macro-level movements in digital asset markets, took to X to voice a concern shared by many experienced market watchers. “When a whale buys more than a quarter of a billion XRP a couple of hours ago, without so much as a flicker in the unit price of XRP,” he wrote, “surely even the most trusting will suspect that this whole XRP market has a few fundamental issues.” This issue raises fundamental concerns about market confidence, as a well-functioning market would typically respond to large transactions with noticeable price movements. Its failure to do so suggests a serious lack of demand across major trading venues or potential market manipulation that renders real-time trading activity disconnected from visible on-chain movements. XRP’s Market Structure Under Scrutiny While XRP has long positioned itself as a fast , scalable, and cost-efficient blockchain solution for cross-border settlements and institutional finance , it has faced repeated criticism over its opaque market structure. Despite Ripple’s claims of decentralization, large-scale transactions and exchange flows suggest price manipulation through curated liquidity and algorithms, rather than natural supply and demand. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Ripple’s escrow system , which periodically releases billions of XRP, has sparked controversy. Critics argue that such structures allow entities with insider access to manage or dampen volatility artificially, thus controlling price action in a way that undermines the free market ethos. Implications for Retail and Institutional Investors This transaction raises significant concerns for XRP ecosystem participants, suggesting either underreported trading volume or market manipulation that distorts price signals. Retail traders may begin to question the real-world value of technical indicators and on-chain metrics when such large flows can pass unnoticed by price charts. Institutional investors, meanwhile, may become wary of the asset’s reliability as a liquid instrument for financial operations, particularly if it appears the market is being insulated from natural price discovery. A Call for Transparency and Reform XRP’s market dynamics are under scrutiny again due to the muted response to a major transaction. DigitalG’s observation underscores the need for greater transparency, more robust regulatory oversight, and an honest reckoning with the opaque mechanisms that govern XRP’s trading behavior. Until these questions are addressed head-on, skepticism about XRP’s price integrity might grow louder. For a token once heralded as the future of institutional crypto adoption, that’s a red flag the XRP community—and its leadership—can’t afford to ignore. 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 Expert Suspects Big Issue With XRP Market After This Whale’s Gargantuan XRP Purchase Fails to Boost Price appeared first on Times Tabloid .
