Someone Bought 60 Million XRP Within 10 Minutes. Here’s What Happened

Crypto markets can shift in an instant. A single transaction, large enough to ripple through order books, can reshape sentiment, stall momentum, and leave traders scrambling to adjust. Such events often expose the tension between retail optimism and the concentrated influence of whales and centralized exchanges, offering a window into the mechanics behind market swings. Software developer and XRP commentator Vincent Van Code recently highlighted one such episode. He noted that roughly 60 million XRP changed hands within a mere ten minutes on a major exchange, only to be followed by a sharp pullback that stalled the token’s upward trajectory . Van Code framed the event as a reminder that exchange-level dynamics can sometimes disrupt organic price movement, and he suggested that reducing reliance on exchanges that allow concentrated manipulation could benefit long-term holders. Typical day in the Binance rigged game. Someone bought 60M XRP in a matter of 10 mins, it followed a massive dump off as the price stated to soar. This effectively crashes the momentum. If you own XRP, and want it to succeed, #BOYCOTTBINANCE , the weaker they get, the less they… pic.twitter.com/iMEJTMs7Kp — Vincent Van Code (@vincent_vancode) February 8, 2026 How Whale Activity Shapes XRP’s Market Large-scale transactions, often termed “whale flows,” have a tangible impact on short-term price dynamics. When a single entity moves tens of millions of XRP onto a centralized exchange, it floods the order book with liquidity and can create the impression of impending selling pressure. Historical data supports this: previous whale transfers to exchanges like Binance have coincided with stalled rallies or sudden drawdowns, temporarily suppressing price momentum. However, not all large transfers indicate bearish intent. On-chain analytics frequently show long-term holders moving assets between wallets and exchanges for strategic purposes unrelated to immediate selling. These nuances underscore that while whale activity can drive short-term volatility, it does not always signal a change in fundamental demand. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Centralized Exchanges and Market Influence Vincent Van Code’s commentary also touches on a broader debate in crypto: the role of centralized exchanges in shaping market behavior. High liquidity facilitates trading and institutional participation, yet it also concentrates power, allowing large actors to move markets more easily. Critics argue that boycotting or reducing dependence on exchanges prone to manipulation can limit such influence, while supporters emphasize that deep liquidity ultimately provides stability and enables faster price discovery. Lessons for Traders and Holders The 60-million-XRP transaction highlights the fine line between momentum and reversal. It reminds traders that in modern crypto markets, minutes can matter as much as weeks. Active monitoring, awareness of whale activity, and understanding exchange mechanics remain essential for participants looking to navigate volatility effectively. Ultimately, the episode reflects the evolving nature of XRP trading. As markets grow in size and complexity, participants must balance optimism with caution, recognizing that concentrated liquidity and rapid transactions can shape outcomes in ways that defy broader market trends. In this environment, patience and strategic positioning remain as critical as ever for anyone invested in XRP. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Someone Bought 60 Million XRP Within 10 Minutes. Here’s What Happened appeared first on Times Tabloid .