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- On-chain data shows a 6.2M XRP balance reduction, but ownership is unconfirmed
- The wallet’s link to Pumpius is inferred, not proven
- The situation remains speculative, with no confirmation of a sale
Speculation has surfaced within the XRP community after an XRP-focused account raised questions about a large on-chain transaction allegedly tied to a well-known XRP supporter. The discussion centers on whether a wallet inferred to be connected to Pumpius, a vocal and long-time XRP advocate, reduced its balance by roughly 6.2 million XRP in mid-November.
The claim originated from Stellar Rippler, an account that frequently analyzes XRP Ledger data. While the post stopped short of making a direct accusation, it sparked widespread debate due to the size of the transaction and the individual believed to be associated with it.
On-Chain Data Fuels Speculation
According to Stellar Rippler, publicly available XRPL data shows a notable balance reduction around November 12, 2025. Screenshots shared in the post highlighted a validated transaction reflecting a decrease of approximately 6.2 million XRP. The same data also showed smaller inbound transfers prior to the reduction, which were presented as part of the broader transaction history.
Crucially, Stellar Rippler emphasized that the wallet’s connection to Pumpius is inferred, not confirmed. No direct proof has been provided linking the address to the XRP advocate, and the post framed the situation as an open question rather than a definitive claim.
Why the Allegation Drew Attention
The discussion gained traction largely because of Pumpius’ public stance on XRP. He is widely known for encouraging long-term holding and patience, often urging the community not to sell during periods of uncertainty. As a result, any suggestion of a large sale — even unconfirmed — naturally drew scrutiny.
Stellar Rippler also referenced a previous public post from Pumpius indicating substantial XRP holdings earlier this year. That context was used to explain why a transaction of this size would stand out if the inferred link were accurate.
Timing Raises Questions, Not Conclusions
The alleged transaction coincided with a period of increased bearish commentary around XRP’s price outlook. Stellar Rippler questioned whether broader market expectations or private considerations could have influenced the timing, while repeatedly stressing the lack of confirmation.
Also Read: XRP Could Drop 48% as Whales Dump Billions — Is $1 Back in Play?
Importantly, no evidence has emerged proving that a sale occurred or that the wallet belongs to Pumpius. The XRP Ledger data alone cannot establish intent, ownership, or execution on an exchange.
Uncertainty Remains Central
For now, the situation remains rooted in inference and public blockchain data. The episode highlights how quickly on-chain observations can spark debate — especially when influential figures are involved — while underscoring the need for caution before drawing conclusions.
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