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SBI Holdings just shifted 320 million XRP—worth $703 million. Why? No one’s 100% sure.
This massive move came right before Ripple’s usual 1 billion XRP unlock scheduled for July 1, 2025.
Massive XRP Shift Caught Eyes
A wallet from SBI VC Trade (a Ripple partner) sent 320M XRP to another new wallet. Two more 160M XRP transactions followed.
The wallet used was brand new—created just the day before.
XRP Market Responds
After the transfer, XRP’s price jumped over 8% during the week. Daily trading volume spiked to nearly $2B. Coincidence? Maybe not.
Ripple’s Monthly Escrow Drop
Since 2017, Ripple unlocks 1B XRP monthly from escrow. In June, it was $2.21B worth. July’s unlock is around the corner—and now this SBI transfer happens. 🤔
Why Move Now?
The new wallet might mean SBI’s planning for big things—maybe institutional services or a strategy shift.
Japan already treats XRP as a regular crypto asset, not a security. That gives Ripple and SBI solid ground to build on.
Should Investors Panic?
Probably not. It’s likely an internal move. The timing is wild, sure—but the price bump and growing volume hint investors aren’t sweating it. In fact, some think it’s bullish.
