This $53 Million in XRP On-Chain Action Stuns XRP Army
Main Idea
A $53 million XRP on-chain transaction involving Coinbase wallets has sparked discussions about its potential market impact and liquidity implications during the current bull run.
Key Points
1. A transaction of approximately 16,698,207 XRP (valued at $53 million) occurred between two Coinbase-associated wallets on August 11, 2025.
2. Market commentator Xaif suggested the move indicates significant liquidity inflow, potentially signaling profit opportunities in the bull run.
3. Analyst Flim Jax cautioned that the transaction size alone doesn't determine market impact, emphasizing the need to monitor if it pairs with exchange inflows.
4. Master Analytic viewed the large on-chain move as a bullish signal, indicating building momentum for XRP.
5. The $53 million valuation implies an XRP price of approximately $3.17 per token based on the transaction amount.
Description
Crypto pundit and investor Xaif has reported a significant on-chain transfer involving XRP , valued at approximately $53 million. In a post on X, Xaif stated, “$53M worth of $XRP just moved on-chain! Liquidity is flooding in like never before this bull run could make you a fortune.” The update was accompanied by a screenshot from a public XRP Ledger transaction tracker, showing the details of the move. The transaction happened on August 11, 2025, at 12:09:11 AM UTC. It recorded the delivery of a...
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