Coinbase XRP Holdings Down Nearly 90% Since June, On-Chain Data Suggest Possible Custody Shifts
The post Coinbase XRP Holdings Down Nearly 90% Since June, On-Chain Data Suggest Possible Custody Shifts appeared on BitcoinEthereumNews.com. Coinbase XRP holdings fell about 89.8% from ~970 million XRP across 52 cold wallets in June to roughly 99 million XRP in mid‑September, per on‑chain data reported by XRPWallets. The change reflects sustained transfers off the exchange, leaving only six active cold wallets. 89.79% decline from June to mid‑September On‑chain data shows transfers from Coinbase cold wallets to unknown destinations, with intermittent inflows back to the exchange. Coinbase now holds about 99 million XRP vs ~970 million in June; XRP market cap remains near $183 billion. Coinbase XRP holdings dropped 89.8% to ~99M XRP by mid‑September — read on‑chain analysis, data table, FAQs, and key takeaways to understand the shift. What happened to Coinbase’s XRP holdings? Coinbase XRP holdings declined sharply after on‑chain trackers recorded large, repeated transfers out of the exchange’s cold wallets. Coinbase moved from roughly 970 million XRP across 52 cold wallets in June to about 99 million XRP in mid‑September, driven by sustained transfers between Coinbase and unknown wallets. ‘, ‘
The post Coinbase XRP Holdings Down Nearly 90% Since June, On-Chain Data Suggest Possible Custody Shifts appeared on BitcoinEthereumNews.com.
Coinbase XRP holdings fell about 89.8% from ~970 million XRP across 52 cold wallets in June to roughly 99 million XRP in mid‑September, per on‑chain data reported by XRPWallets. The change reflects sustained transfers off the exchange, leaving only six active cold wallets. 89.79% decline from June to mid‑September On‑chain data shows transfers from Coinbase cold wallets to unknown destinations, with intermittent inflows back to the exchange. Coinbase now holds about 99 million XRP vs ~970 million in June; XRP market cap remains near $183 billion. Coinbase XRP holdings dropped 89.8% to ~99M XRP by mid‑September — read on‑chain analysis, data table, FAQs, and key takeaways to understand the shift. What happened to Coinbase’s XRP holdings? Coinbase XRP holdings declined sharply after on‑chain trackers recorded large, repeated transfers out of the exchange’s cold wallets. Coinbase moved from roughly 970 million XRP across 52 cold wallets in June to about 99 million XRP in mid‑September, driven by sustained transfers between Coinbase and unknown wallets. ‘, ‘
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