29,532,534 XRP Stun Top American Crypto Exchange
In the last 24 hours, XRP has rebounded from $2.06 to $2.14 as bullish sentiment supports the asset’s rally. This development might have triggered other actions on the broader cryptocurrency market. Notably, a massive transfer of over 29 million XRP hit Coinbase within this time frame, fueling speculation.
XRP whale movement stirs bearish fears
Per the Whale Alert update on X, an unknown wallet transferred 29,532,534 XRP, valued at $62.6 million, to Coinbase. The massive transfer signals large holder positioning to trade on the largest crypto exchange in the U.S.
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