Nearly $120 million of XRP just moved to Coinbase in whale transaction

XRP is flat over the past 24 hours, but down more than 60% from its summer 2025 peak. What to know : Nearly 89.8 million XRP, worth about $119 million, was moved through intermediary wallets to a Coinbase-linked address. Such large "whale" transfers to centralized exchanges are often seen as a sign that major holders may be preparing to sell or rebalance their positions, though other motives are possible.