Ripple has transferred 70 million XRP, valued at approximately $173.6 million, into a Ripple-controlled wallet. This move, identified by on-chain analyst Xaif Crypto, is part of routine liquidity management, likely for operational needs such as On-Demand Liquidity (ODL) corridors. The transfer comes as XRP's price dipped to $2.5017, breaking below its Equal Low (EQL) level, indicating potential bearish momentum. Technical indicators, including the Change of Character (CHoCH) pattern and Relative Strength Index (RSI), suggest possible market consolidation or a short-term rebound. Analysts highlight the $2.40 level as a critical support, with its hold potentially triggering renewed buying interest.