Coinbase Receives 16.7 Million XRP in One Giant Deposit
Main Idea
A large transfer of 16.7 million XRP (worth approximately $53.16 million) was made to Coinbase, but the market showed little reaction to the news.
Key Points
1. 16,698,207 XRP (around $53.16 million) was transferred to Coinbase in a single transaction.
2. The transfer was detected by Whale Alert and involved movement between two of Coinbase's cold wallets.
3. XRP's price remained stable at around $3.18, with $3.30 acting as a key resistance level.
4. Breaking the $3.30 resistance could push the price toward $3.50 or $3.70, while failure to break it may maintain the current sideways trend.
5. The XRP community closely monitors such large transactions, though this one did not significantly impact the market.
Description
$53 million in XRP land on major US exchange Coinbase in single transfer
Latest News
- SHIB Burns Rocket 158%, But Failure Strikes Anyway2025-08-11 11:43:48
- Coinbase Index Pulls U-Turn as Bitcoin (BTC) Price Hits $122,000: Details2025-08-11 11:43:25
- Coinbase Receives 16.7 Million XRP in One Giant Deposit2025-08-11 10:47:11
- XRP: $3.3 Breakout Can Happen Today2025-08-11 09:14:10
- Bitcoin's Four-Year Cycles Are Over, Pierre Rochard Says2025-08-11 08:44:45