- 16,483,919 XRP stun Coinbase, here's "crypto monster" behind this
- Here's what really happened on Coinbase
Prominent blockchain sleuth Whale Alert, which tracks down large cryptocurrency transfers and then shares the details on its website and X account, has spotted a massive XRP transaction targeted at the largest crypto exchange in the US — Coinbase.
According to Whale Alert, an anonymous crypto wallet shoveled 16 and a half million XRP to this crypto trading platform. This move aligned with the announcement of the interest rate cuts announced by the Federal Reserve earlier today.
Still, a deeper look into the data shared by another blockchain tracker has helped to disclose the anonymous whale that made this hefty transaction.
HOT Stories 'Groundbreaking': Barry Silbert Reacts to Approval of ETF with XRP ExposureRipple Announces Major Partnership with $1.5 Trillion Financial Giant Franklin Templeton and DBS Bank SingaporeCrypto Market Prediction: Shiba Inu to Add Zero or Hit $0.00002? Is Bitcoin in Stealth Rally to $120,000? Ethereum Can Start $5,000 Rally HereEthereum to $5,500 by Mid-October, XRP ETF Launch to Test Investor Demand, 4.5 Trillion Shiba Inu Lost
16,483,919 XRP stun Coinbase, here's "crypto monster" behind this
According to the aforementioned data source, an anonymous blockchain address transferred an impressive 16,483,919 XRP. This amount of crypto is the equivalent of $50,856,185 in fiat.
🚨 🚨 🚨 16,483,919 #XRP (50,856,185 USD) transferred from unknown wallet to #Coinbasehttps://t.co/EfMmOl9pe0
— Whale Alert (@whale_alert) September 18, 2025In the comments section, a hot discussion was sparked as many XRP enthusiasts on X decided this was a sign of an action incoming and something big looming ahead, perhaps caused by the announcement of the interest rate cuts by Federal Reserve Chairman Jerome Powell.
“Whales are getting ready for tomorrow,” one user wrote, while another one commented: “Whale moves usually stir the pot. Time to watch closely.”
Here's what really happened on Coinbase
However, the XRPscan data has shed light on this “mysterious” transaction. In reality, it turned out to be an internal transfer, as Coinbase moved 16,483,919 XRP from one of its wallets to another.
As reported by U.Today previously, over the past month, the size of Coinbase’s XRP holdings has drastically shrunk — from 52 wallets initially to 6 by now. On-chain XRP tracker @XRPwallets believes that this was caused by the recently inked collaboration between Coinbase and BlackRock’s crypto investment firm Aladdin, which began to provide its institutional customers with crypto exposure this summer.
Overall, this source has named only three crypto exchanges that are holding between one and three billion XRP. They are Binance, Bitthumb and Upbit.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
