Unusual Buying Activity Spotted on Coinbase: XRP Sees Significant Volume Spike

Recent trading activity on Coinbase reveals a peculiar surge in XRP volume. Market analyst Dom (@traderview2) noted the unusual pattern, highlighting that “it looks like some type of TWAP was also turned on for XRP about an hour ago on Coinbase.” This is evident from data showing a clear price premium for XRP on Coinbase compared to other exchanges such as Binance, Bybit, and Kraken. A large volume of repetitive transactions – 638 XRP buys repeated 4,287 times over the last hour – further underscores this observation. Dom’s tweet showcasing this activity sparked discussion on Twitter: https://t.co/WAX9I5NINN