Coinbase Moves 29.5 Million XRP, Signaling Potential Market Shift for XRP

A substantial transfer of 29.5 million XRP tokens has been observed from Coinbase Institutional’s cold wallet to its hot wallet, igniting speculation about potential price fluctuations in the XRP market. This event is being closely watched by crypto enthusiasts and analysts, who attribute it to a possible injection of liquidity into the market. Blockchain observer Xaif noted this movement, suggesting that Coinbase may be preparing for significant XRP-related activity.