XRP crash to below $2 back in play as $115 million moves to Coinbase

Massive Whale Stuns XRP Army With Multimillion Tokens Transfer to Coinbase

The XRP community was jolted this week by a major on-chain transaction that saw a staggering 50.5 million XRP, valued at approximately $115.3 million, transferred to Coinbase. The move, first reported by prominent crypto enthusiast Xaif on X, has reignited speculation about potential whale activity and its implications for the token’s price trajectory. The Whale Transfer: Signal or Noise? The transaction was confirmed by blockchain tracking serv…

XRP crash to below $2 back in play as $115 million moves to Coinbase

XRP traders are on high alert after a sizable amount of the asset was transferred to the cryptocurrency exchange Coinbase. Blockchain tracking platform Whale Alert reported that 50.5 million XRP, valued at approximately $115.4 million, was moved from an unknown wallet to Coinbase on July 8. XRP transfer to Coinbase. Source: Whale Alert Historically, large XRP deposits to centralized exchanges, such as Coinbase, have raised concerns about a poten…