70 Million XRP Move to Ripple Subwallet May Signal Market Strain as Shiba Inu Faces Rising Sell Pressure

• 70 million XRP moved to a Ripple subwallet — ~ $173.6 million visible on public ledger records

• Nearly 138 billion SHIB flowed into exchanges, signaling increased selling pressure

• Analyst Michael van de Poppe says the current cycle is “unlike any other,” noting atypical altcoin behavior and historic leveraged liquidations

70 million XRP transfer to Ripple subwallet moves $173.6M; on-chain shifts and SHIB inflows may affect markets — stay updated with COINOTAG for verified crypto reporting.

Published: 2025-10-16 | Updated: 2025-10-16 | Author: COINOTAG

What does the 70 million XRP transfer to a Ripple subwallet mean?

The 70 million XRP transfer refers to a movement of roughly 70,000,000 XRP (valued at approximately $173,641,944) into a Ripple-controlled subwallet visible on public ledger records. This operation appears tied to Ripple’s internal routing or On-Demand Liquidity (ODL) workflows and may modestly affect short-term liquidity and trading pressure.

Is the transfer part of Ripple’s On-Demand Liquidity expansion?

On-chain trackers reported the move to a Ripple-controlled subwallet; the pattern is consistent with routing and ODL-related handling of institutional flows. Publicly visible ledger entries and subwallet activity suggest operational use rather than direct market sales. However, even transfers within Ripple’s custody can change available market supply if routed to exchanges.

70 million XRP moved amid price volatility

Public ledger data shows a transfer of 70 million XRP into a Ripple subwallet as XRP traded near $2.50 per token. At the quoted valuation, that equals approximately $173.6 million — a size meaningful relative to daily market turnover.

The transfer was flagged by on-chain monitoring services and is consistent with Ripple’s known use of subwallets for routing liquidity and facilitating ODL. While the movement itself does not prove an intent to sell on open markets, even a fraction finding its way to exchanges could exert downward pressure given the amount represents a measurable portion of daily volume.

Market context: XRP briefly dipped under $2 earlier in the week before stabilizing near $2.52. Large internal transfers are routine for liquidity providers, but in volatile sessions they can influence sentiment.

Shiba Inu faces mounting selling pressure

On-chain records show nearly 138 billion SHIB moving into centralized exchanges, an indicator that holders are preparing to sell or rebalance positions. These inflows commonly precede heightened sell-side activity and can accelerate downward price moves if buyer demand is insufficient.

SHIB is trading around $0.0000105 and struggling to reclaim its former support range of $0.0000117–$0.0000122, which now acts as resistance. Elevated exchange inflows combined with technical resistance suggest a period of increased downside vulnerability for the token, per public exchange flow metrics.

How severe is the SHIB sell pressure?

The movement of 138 billion SHIB to exchanges is significant in absolute token terms and aligns with weakened technical structure. On-chain exchange inflow metrics are a widely used proxy for potential selling activity; in this case they indicate a higher probability of near-term supply hitting the market unless exchange demand picks up.

Michael van de Poppe: “This Cycle Is Unlike Any Other”

Analyst Michael van de Poppe has characterized the current market cycle as atypical, citing three main observations: the reversal of October strength in some assets, historic leveraged liquidations in recent weeks, and an altcoin landscape that has not rallied in the same synchronized pattern seen in past cycles.

• Historic leveraged unwind: Market data points to a large wave of liquidations in early October, which contributed to pronounced price declines across multiple assets.

• Altcoins are exhibiting a desynchronized performance relative to Bitcoin, altering historical cycle dynamics.

Van de Poppe notes that Bitcoin’s halving on April 20, 2024 reduced block rewards from 6.25 BTC to 3.125 BTC; he also referenced price milestones including a reported high in March 2024 and subsequent price action. These chronological markers are used to argue for a longer or different cyclical pattern than the four-year framework many traders expect.

Frequently Asked Questions

How could the 70 million XRP transfer affect XRP price ahead of ETF decisions?

Moves of large XRP balances into Ripple-controlled subwallets can change perceived available supply. If a portion is routed to exchanges or market makers, selling pressure could increase near-term; if held for ODL use, market impact may be minimal. Monitor public ledger activity and exchange inflows for clarity.

Why did SHIB see large inflows to exchanges today?

On-chain data shows holders moving tokens to exchanges when preparing to sell or reduce positions. The near-term drivers include technical weakness around $0.0000105 and market sentiment; these inflows often precede increased sell-side execution.

Key Takeaways

• Large internal XRP move: 70 million XRP (~$173.6M) was transferred to a Ripple subwallet, visible on the public ledger.
• SHIB exchange inflows: Nearly 138 billion SHIB moved to exchanges, signaling elevated selling intent from holders.
• Market cycle note: Analyst Michael van de Poppe highlights atypical cycle behavior — larger liquidations and unsynchronized altcoin performance — which may affect strategy.

Conclusion

This report documents a significant internal transfer of 70 million XRP into a Ripple-controlled subwallet and rising exchange inflows of SHIB, both measurable on public chain records. Combined with commentary from analyst Michael van de Poppe, the data suggest a market environment where liquidity flows and technical resistance are shaping short-term positioning. For verified updates and deeper on-chain analysis, follow COINOTAG coverage and monitor public ledger activity and exchange flow metrics.