More than 29 million XRP, worth more than $ 92 million, has been moved to the large crypto exchange coinbase, which arouses interest in the crypto community. Whale Alert followed the transfer, which included 29,532,534 XRP from an unknown wallet to Coinbase. Although these kinds of large transfers often indicate the intention to sell, the real reason remains unclear. The transfer can be aimed at stimulating the liquidity for Coinbase, especially during periods of an increased trade demand. Another possibility is that it is simply a recurrence of funds for diversification. Although the exact reason remains a mystery, the important step emphasizes the growing activity in the XRP market.
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