Massive XRP Transfer to Coinbase Raises Concerns About a Potential Market Dip

XRP prices witnessed a slight upward trend, climbing from $2.06 to $2.14 in the past 24 hours. This move was fueled by investor enthusiasm and increased trading activity across major exchanges. However, this bullish momentum faces potential headwinds with a recent large transfer of XRP to Coinbase. Whale Alert reported a significant wallet moved 29.5 million XRP worth approximately $62.6 million to the exchange in the past day. This transaction has prompted discussions among market analysts and experts who are closely monitoring market dynamics.