A massive transfer once again draws market attention and prompts people to ask—what does this really signify?

On December 12th, on-chain monitoring data revealed an astonishing XRP transfer: over 75 million XRP (equivalent to approximately $153 million) moved from a Ripple-related wallet to an address associated with a major exchange. The fund flow was as follows: first transferred from Ripple’s main wallet to its sub-wallet "rnU65s," then through the address "rpxh7h" into the exchange ecosystem.

This is not the first time. Just this year, Ripple executives have conducted multiple large-scale XRP transfers. The most notable was in July—Chris Larsen-related wallets moved 50 million XRP (about $140 million) in just 7 days, directly heading to exchanges.

**Why pay attention to the story behind these numbers?**

According to research from on-chain analysis platforms, Larsen’s operational pattern has a clear characteristic—he tends to cash out XRP at "local highs." This is not speculation; historical data speaks for itself.

Looking back at October: XRP whale deposits to exchanges peaked on October 11th, with daily transaction counts soaring to 43,000. The result? The price plummeted from over $3 to around $2.3. Coincidence or inevitable? Market participants know the answer.

These large inflows to exchanges are generally interpreted in two ways: either as a prelude to selling pressure or as fund reallocation between exchanges. But historically, whale movements tend to precede market fluctuations by a step. For XRP holders, these on-chain signals are worth taking seriously—they often come earlier and more accurately than public sentiment.