A huge chunk of XRP – 44.1 million tokens, worth over $97 million – mysteriously vanished from Paribu, a major Turkish cryptocurrency exchange. This massive transfer to an unknown wallet was first spotted on X (formerly Twitter) by an XRP investor.
The Great XRP Exodus
On May 31st, 2025, at 9:51 AM UTC, the XRP Ledger recorded the transfer. The tokens went from Paribu to a wallet with the address “rKeWg9,” which isn’t linked to any known big exchange or custodian. The transaction fee was tiny – just 0.00001 XRP.
This kind of move usually means a whale (a very wealthy investor) is accumulating XRP for the long term. Moving large amounts off exchanges reduces the supply available for selling, potentially boosting the price. It’s often seen as a bullish signal, making smaller investors more optimistic.
Giga Pump Predictions?
Adding fuel to the fire, analyst Amonyx predicted a massive XRP price surge (“giga pump”) on X. Their chart analysis shows a potential breakout pattern similar to Bitcoin’s 2016 breakout, suggesting XRP could see a huge price jump. Amonyx’s predictions point to potential XRP prices above $27 and even as high as $71, potentially rivaling Ethereum and Bitcoin in market cap.
At the time of writing, XRP was trading at $2.19, up slightly. Whether this massive transfer and the bold predictions will lead to a price rally remains to be seen.
