Major $48.9M purchase raises eyebrows
The most notable transaction occurred on September 28, 2025, at 07:44:41 UTC, when the wallet received 17,555,420.001849 XRP, valued at approximately $48.9 million. The payment was sourced from the address rLHzPsX60XkzU2qL12kHCH8G8cnZv1rBJh and validated in ledger #99149205, with a minimal fee of 0.006 XRP (≈$0.01).
The transaction, which used Destination Tag 1234, was confirmed as a Payment and is one of the biggest single XRP buys in recent weeks.
Speculation swirls around French investor ties
Adding fuel to the intrigue, X user ‘Pumpius’ claimed that the wallet belongs to a French investor deeply embedded in European finance, describing the buy as an “insider move.”
In his post, he wrote, “A close French friend of mine… not on social media but deeply plugged into European finance just scooped up 17,555,420 XRP ($48.9M) in a single purchase. These aren’t random buys. These are strategic accumulations by people who understand what’s coming.”
The account now shows a balance of 51,131,651.447937 XRP after reserves, with its next transaction sequence set at 99,086,919 #11,308.
Strategic moves hint at institutional positioning
Big XRP buys by rich people or institutions usually mean they’re positioning themselves ahead of possible events, like Ripple’s legal updates, European rules, or wider adoption.
Major wallets quietly adding millions of XRP show that top investors are more confident and could be getting ready for a big change in the XRP ecosystem.