Whale Transfers $73 Million Worth of XRP to Coinbase, Driving Market Speculation

A significant whale transaction has sent ripples through the cryptocurrency market, with an anonymous transfer of 29 million XRP worth approximately $73 million to Coinbase. This move has ignited speculation about potential liquidity provisions or upcoming Exchange Traded Products (ETPs). While the identity of this whale remains unknown, on-chain analysis reveals connections to Ripple-centric activities in previous large transactions, sparking market volatility and drawing attention from analysts.