$80 Million XRP Transfer Stuns Major US Stock Exchange Coinbase

An unexpected ripple spread across the cryptocurrency market XRP It became the focus of a significant deal reported by Whale alert. More than 30.17 million XRP, worth about $80.6 million, were transferred in one go from an unknown wallet called “rUvEC” to a Coinbase address called “rRmgo.”

What does such a deal mean? Opinions are divided. Moving this volume to a major exchange often raises concerns about a potential sell-off. The logic is straightforward: a large, unknown holder may intend to sell his XRP into fiat currencies or other assets, which could put pressure on prices.

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But if the opposite is the case, and the cryptocurrency leaves the exchange, it could mean that the whale is acquiring assets to safely store in its own wallet, a strategy often associated with long-term confidence.

inside XRP Community, accounts like XRPWallet have indicated the possibility of an internal Coinbase transfer. In such a scenario, the event may be purely operational, and unrelated to individual trading decisions.

However, it serves the audience with a message that stirs emotion and controversy as the market reacts to perception as much as to reality. Even the faintest sign of potential market-shaking activity can impact sentiment.

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What doesn't help is that these events are often unclear, leaving traders piecing together incomplete information. This transfer, though mysterious, may ultimately turn out to be no big deal — but it has already generated a lot of interest.

Although things are a little up in the air, XRP He's still standing strong. The value of the cryptocurrency has risen by more than 7.2% since the beginning of the day.



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