Ripple’s XRP Draws Market Interest: Major Transfers Spark Speculation

A significant wave of activity involving XRP has caught the attention of market observers, with reports highlighting large-scale transfers. Whale Alert data indicates a notable transfer of around $58 million worth of XRP from an anonymous wallet to Coinbase. This marks the first major transaction since June 12th and underscores ongoing interest in XRP flows towards Coinbase. This follows a similar event just three days prior where $60 million worth of XRP was sent to Coinbase, highlighting the exchange’s role as a key player in XRP liquidity.