儘管移動了237m XRP，價格仍保持穩定

在過去的24小時內，Ripple的本地加密XRP面臨異常的鏈活動，而其價格保持穩定。

Over the past 24 hours, Ripple’s native crypto, XRP faced unusual on‐chain activity while its price remained relatively stable. Data from Whale Alert showed about 237.45 million coins moved between wallets in that period.

在過去的24小時內，Ripple的本地加密XRP面臨著異常的鏈活動，而其價格保持相對穩定。鯨魚警報的數據顯示，在此期間，錢包之間大約有23745萬枚硬幣。

Despite this large shuffle, XRP price was trading around $2.4 as of this writing, roughly up by 4% on the day. The token’s market cap and trading volume have seen only modest changes, suggesting the massive whale-sized transfer alone did not trigger new momentum.

儘管經過大量的調整，但XRP價格在撰寫本文時的交易價格約為2.4美元，當天大約增長了4％。令牌的市值和交易量僅發生了適度的變化，這表明僅大規模的鯨魚大小轉移並沒有觸發新的勢頭。

Ripple News: Whale Alert Transfer on X

Ripple新聞：X上鯨警報轉移

Blockchain tracker Whale Alert’s feed showed that nearly 237 million XRP changed hands in the last 24 hours.

區塊鏈跟踪器鯨魚警報的提要顯示，在過去的24小時內，將近2.37億XRP易手。

The move included several large chunks, but none were publicly annotated as exchange deposits or sales. Crypto observers immediately questioned whether this signaled a major buy or an internal shuffle.

此舉包括幾個大塊，但沒有一個被公開註釋作為交換存款或銷售。加密觀察家立即質疑這表明這是重大買入還是內部洗牌。

Ripple’s own CTO, David Schwartz, later weighed in on X to clarify the situation. Schwartz wrote that this transaction was “almost certainly” a withdrawal of Ripple’s native crypto from an exchange, not evidence of a fresh bulk purchase. In other words, it likely reflects the movement of existing holdings, not a sudden influx of new demand.

Ripple自己的首席技術官David Schwartz隨後對X進行了權衡，以澄清情況。施瓦茨（Schwartz）寫道，這項交易“幾乎可以肯定”是從交易所中撤出了Ripple的本地加密貨幣，而不是新的批量購買的證據。換句話說，它可能反映了現有持股的運動，而不是突然湧入新需求。

The community has been vocal in response. Many users noted that such a large transfer left no visible impact on the asset’s market price. For example, crypto analyst DigitalG posted on X that a whale buying “more than a quarter of a billion XRP” without “so much as a flicker in unit price” suggests “this whole XRP market has a few fundamental issues.”

社區一直在發聲。許多用戶指出，如此大的轉讓對資產的市場價格沒有明顯的影響。例如，加密分析師Digitalg在X上發布了鯨魚，稱鯨魚的“超過十億XRP的四分之一以上”而沒有“單價閃爍，”這表明“整個XRP市場都有一些基本問題。”

Another X user pointed out that repeated big transfers without price movement feel suspicious. Some discussions have even called the possibility of hidden order-book activity or liquidity bottlenecks “ridiculous.”

另一位X用戶指出，重複進行大型轉移而沒有價格移動感到可疑。一些討論甚至稱隱藏的訂單活動活動或流動性瓶頸的可能性“荒謬”。

In general, traders and investors on social media are questioning why on-chain whale moves aren’t reflected in exchange prices. This has fueled talk of market opacity or manipulation, though no hard evidence has been presented.

一般而言，社交媒體上的交易者和投資者正在質疑為什麼鏈鯨動作不反映在交易價格中。儘管沒有提出過嚴格的證據，但這引發了人們對市場不透明或操縱的討論。

Similar Large Transfers Had No Price Impact

類似的大型轉移沒有價格影響

This episode is not an outlier. Earlier in May, Ripple news saw other huge transfers that similarly failed to shake prices. Blockchain alerts reported two massive moves, one of 70 million coins and another of 300 million coins, in quick succession.

這一集不是異常值。 5月初，Ripple News看到了其他巨大的轉會，這些轉會也未能降低價格。區塊鏈警報報告了兩次巨大的動作，一枚7000萬個硬幣之一，另一枚3億個硬幣中的一項迅速連續。

At the time, XRP price dipped only briefly (to about $2.12) and then recovered, essentially holding steady despite roughly $780 million worth of coins shifting wallets.

當時，XRP Price僅短暫下跌（約2.12美元），然後恢復，儘管大約價值7.8億美元的硬幣轉移錢包，但基本上保持穩定。

That muted price action was noted at the time: “the XRP price… has remained relatively stable during this period”. In short, even transfers of hundreds of millions of dollars in the coin have not caused sustained volatility this month.

當時注意到了這種靜音的價格行動：“ XRP價格……在此期間保持相對穩定”。簡而言之，即使在硬幣中進行了數億美元的轉移也沒有引起本月持續的波動。

Market analysts say this pattern is understandable. High-volume transfers alone do not guarantee immediate price moves.

市場分析師說，這種模式是可以理解的。僅大規模轉移就不能保證立即的價格轉移。

In other words, large holders may be repositioning quietly without intending to dump or drive up the market. Analysts also caution that even bullish whale purchases may not translate into instant gains.

換句話說，大型持有人可能會安靜地重新定位，而無意傾倒或推動市場。分析師還警告說，即使是看漲的鯨魚購買也可能不會轉化為即時收益。

As one analyst put it, while whale buying suggests bullish intent, it “may not guarantee immediate price reversals”. This view is supported by data: exchanges often do not display the full depth of institutional orders, and actual price impact depends on counterparty demand.

正如一位分析師所說，雖然購買鯨魚表明看漲意圖，但“可能不能保證立即價格逆轉”。該觀點得到數據的支持：交流通常不會顯示機構訂單的全部深度，實際價格影響取決於對應物的需求。

In this case, the absence of a rally suggests that the on-chain transfer did not trigger large buy orders.

在這種情況下，沒有集會表明鏈上轉移並沒有觸發大型買入訂單。

At press time, XRP traded at around around $2.41. CoinMarketCap reports it is up about 3.4% in 24 hours. The coin has gained slightly in recent days but remains well below its all-time highs. Trading volume is elevated on the news of

發稿時，XRP的交易約為2.41美元左右。 CoinMarketCap報告說，它在24小時內增長了約3.4％。最近幾天，硬幣略有增長，但仍遠低於其歷史最高點。交易量增加了