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577M XRP worth $900M moved from Uphold to unknown wallet amid exchange supply drop.

Market News
27 Sep 2026
Tokenpost
View Source
Neutral
577M XRP worth $900M moved from Uphold to unknown wallet amid exchange supply drop.

A total of 577,815,416 XRP tokens, valued at about $900 million, were transferred from Uphold to an unidentified wallet in seven transactions while XRP traded near $1.53. This movement coincided with a decline in exchange-side supply and a $6.76 million net outflow from spot trading, suggesting reduced XRP availability on exchanges. However, the destination and intent of the transfer remain unknown, leaving open possibilities such as cold storage or preparation for trading. Technical analysis shows XRP faces resistance at $1.5759 and support at $1.50, with potential to reach $1.70 if resistance is broken, but the transfer alone does not indicate price direction.

XRP is trading at Rp27,084 on Pluang, down 0.60% in the last day, with a market cap of Rp1.702,24 trillion. Buyers dominate with 74% of order activity, and the typical hold time is 71 days. These figures are current as of Sep 28, 2026 06:11 WIB.

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