Coinbase’s XRP reserves have taken a significant dive, dropping by nearly 57% in recent months. The move is being fueled by massive internal transfers of the cryptocurrency. This latest development has sparked market speculation and debate among analysts regarding the potential destination of these funds and its impact on the XRP ecosystem. 16.69 million XRP valued at $54.83 million was moved from Coinbase Cold Wallet 155 to Coinbase Cold Wallet 10, marking a clear internal shift within the exchange. 16,698,207 XRP valued at about $53.16 million was transferred on Monday by Whale Alert, a move initially thought to be a significant transfer from a prominent external owner to Coinbase. 16.69 million XRP valued at about $54.83 million was moved from Coinbase Cold Wallet 155 to Coinbase Cold Wallet 10, marking a clear internal shift within the exchange. Analysts speculate that these transfers might be linked to investments in subwallets connected with Bitstamp and Ripple’s On-Demand Liquidity network. Others theorize a strategic realignment of Coinbase’s reserves aimed at optimizing its asset accessibility and navigating market changes. The moves are not characterized by panic or chaos, but rather calculated steps toward long-term goals. These actions highlight the ongoing debate over XRP’s role in cross-border payments and the shifting dynamics within the cryptocurrency landscape.