尽管移动了237m XRP，价格仍保持稳定

在过去的24小时内，Ripple的本地加密XRP面临异常的链活动，而其价格保持稳定。

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.

在过去的24小时内，Ripple的本地加密XRP面临着异常的链活动，而其价格保持相对稳定。鲸鱼警报的数据显示，在此期间，钱包之间大约有23745万枚硬币。

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.

尽管经过大量的调整，但XRP价格在撰写本文时的交易价格约为2.4美元，当天大约增长了4％。令牌的市值和交易量仅发生了适度的变化，这表明仅大规模的鲸鱼大小转移并没有触发新的势头。

Ripple News: Whale Alert Transfer on X

Ripple新闻：X上鲸警报转移

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

区块链跟踪器鲸鱼警报的提要显示，在过去的24小时内，将近2.37亿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.

此举包括几个大块，但没有一个被公开注释作为交换存款或销售。加密观察家立即质疑这表明这是重大买入还是内部洗牌。

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自己的首席技术官David Schwartz随后对X进行了权衡，以澄清情况。施瓦茨（Schwartz）写道，这项交易“几乎可以肯定”是从交易所中撤出了Ripple的本地加密货币，而不是新的批量购买的证据。换句话说，它可能反映了现有持股的运动，而不是突然涌入新需求。

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.”

社区一直在发声。许多用户指出，如此大的转让对资产的市场价格没有明显的影响。例如，加密分析师Digitalg在X上发布了鲸鱼，称鲸鱼的“超过十亿XRP的四分之一以上”而没有“单价闪烁，”这表明“整个XRP市场都有一些基本问题。”

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用户指出，重复进行大型转移而没有价格移动感到可疑。一些讨论甚至称隐藏的订单活动活动或流动性瓶颈的可能性“荒谬”。

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，社交媒体上的交易者和投资者正在质疑为什么链鲸动作不反映在交易价格中。尽管没有提出过严格的证据，但这引发了人们对市场不透明或操纵的讨论。

Similar Large Transfers Had No Price Impact

类似的大型转移没有价格影响

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.

这一集不是异常值。 5月初，Ripple News看到了其他巨大的转会，这些转会也未能降低价格。区块链警报报告了两次巨大的动作，一枚7000万个硬币之一，另一枚3亿个硬币中的一项迅速连续。

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.

当时，XRP Price仅短暂下跌（约2.12美元），然后恢复，尽管大约价值7.8亿美元的硬币转移钱包，但基本上保持稳定。

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.

当时注意到了这种静音的价格行动：“ XRP价格……在此期间保持相对稳定”。简而言之，即使在硬币中进行了数亿美元的转移也没有引起本月持续的波动。

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

市场分析师说，这种模式是可以理解的。仅大规模转移就不能保证立即的价格转移。

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.

换句话说，大型持有人可能会安静地重新定位，而无意倾倒或推动市场。分析师还警告说，即使是看涨的鲸鱼购买也可能不会转化为即时收益。

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.

正如一位分析师所说，虽然购买鲸鱼表明看涨意图，但“可能不能保证立即价格逆转”。该观点得到数据的支持：交流通常不会显示机构订单的全部深度，实际价格影响取决于对应物的需求。

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

在这种情况下，没有集会表明链上转移并没有触发大型买入订单。

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

发稿时，XRP的交易约为2.41美元左右。 CoinMarketCap报告说，它在24小时内增长了约3.4％。最近几天，硬币略有增长，但仍远低于其历史最高点。交易量增加了