Whale Dumps Millions of XRP on Coinbase Amid Speculation Over Potential Bull Run Pause
The post Whale Dumps Millions of XRP on Coinbase Amid Speculation Over Potential Bull Run Pause appeared on BitcoinEthereumNews.com.
A significant whale transaction has seen over 25 million XRP tokens moved to Coinbase, raising questions about the future trajectory of XRP’s price momentum. This large-scale transfer coincides with a cooling off period after XRP’s recent surge, suggesting potential profit-taking or market repositioning by major holders. COINOTAG reports that the mysterious wallet “rJQC2R” initiated the $73 million transfer, highlighting increased whale activity amid growing market uncertainty. Whale activity surges as 25 million XRP tokens hit Coinbase, signaling a potential shift in market sentiment and raising questions about the sustainability of XRP’s recent bull run. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Whale Dumps Millions of XRP: Market Impact and Investor Sentiment The recent transfer of 25,526,865 XRP tokens by an anonymous whale to Coinbase has stirred notable concern within the crypto community. Valued at over $73 million, this sizable movement represents one of the largest single transfers in recent weeks, coinciding with a period of heightened volatility for XRP. Such large deposits to centralized exchanges often precede increased selling pressure, as whales may be preparing to liquidate holdings or rebalance portfolios. Market participants are closely watching this development, as it follows a sustained rally that propelled XRP to a four-month high. The sudden influx of tokens onto Coinbase, a major trading platform, has amplified fears that the bullish momentum may be waning. While the wallet address “rJQC2R” remains…
Filed under: News - @ July 15, 2025 11:23 pm