29.5 Million XRP Moved to Coinbase Hot Wallet. Is a Major Price Shift Incoming?

A significant on-chain movement involving XRP has caught the attention of crypto watchers, igniting fresh speculation about potential price action. According to blockchain observer Xaif , over 29.5 million XRP tokens were recently transferred from Coinbase Institutional’s cold wallet to its hot wallet—an event that may signal a major injection of liquidity into the market. 💥BREAKING:💥 Over 29.5M $XRP transferred from Coinbase Institutional (Cold Wallet) to Coinbase Hot Wallet — major liquidity injection possibly signaling upcoming XRP movement. #XRP pic.twitter.com/onXHHm3TQU — 𝕏aif🇮🇳|🇺🇸 (@Xaif_Crypto) April 21, 2025 Liquidity Shift Raises Eyebrows This large-scale token migration , amounting to tens of millions of dollars, suggests that Coinbase may be preparing to facilitate immediate XRP-related activity. Cold wallets, typically used for secure long-term storage, are not directly connected to the internet and rarely see sudden movements unless a deliberate change in strategy or operations is underway. On the other hand, hot wallets are connected and ready for instant transactional use, whether for trading, withdrawals, or internal liquidity support. The shift of 29.5 million XRP to a hot wallet implies a readiness to engage in market activity, either to meet anticipated user demand or to support upcoming trading opportunities. While the exchange hasn’t issued a public statement regarding the transfer, the movement itself is seen as a notable event that could precede an increase in XRP price volatility. Timing and Market Implications This development comes amid a surge of institutional interest in XRP, bolstered by growing optimism around exchange-traded fund (ETF) discussions, regulatory clarity following the Ripple vs. SEC court decisions , and speculation surrounding potential partnerships between Ripple and major financial systems. Moving such a substantial quantity of XRP to a hot wallet right now may not be coincidental. It often indicates preparatory steps taken by the exchange to support upcoming spikes in trading activity or to accommodate large buyers. Such movements have historically preceded notable rallies or selloffs, depending on the broader market context. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Additionally, this liquidity maneuver may also align with other bullish signals surrounding the XRP ecosystem, including increasing network activity, partnerships, and stablecoin developments. If this transfer is indeed connected to a broader institutional play or market event, XRP could soon experience elevated trading volumes and price movement. Looking Ahead Market participants are now watching closely for follow-up signals, including sudden surges in trading volume on Coinbase or other exchanges, as well as price breakouts on technical charts. While a single wallet movement is not definitive proof of an impending rally, it often serves as a key puzzle piece in a broader trend. As noted by Xaif, the scale and destination of this transfer make it one of the more intriguing XRP-related events in recent days. Whether it results in a significant market shift remains to be seen, but for now, all eyes are on Coinbase and XRP’s price charts. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post 29.5 Million XRP Moved to Coinbase Hot Wallet. Is a Major Price Shift Incoming? appeared first on Times Tabloid .

Source: TimesTabloid