$XRP P community is buzzing again! Huge on-chain activity is shaking the ecosystem, and rumors went viral that Coinbase has completely emptied its XRP cold wallets. But is this true? Let’s dive in...
✨ The Viral Buzz
Analytics account XRP_Liquidity dropped a bomb on X: Coinbase’s XRP cold wallets hit ZERO. The timing? Suspiciously close to:
Ripple CEO Brad Garlinghouse’s wedding 🎉
BlackRock expanding its crypto footprint 🏦
Naturally, traders, analysts, and investigators rushed to check the ledger.
✨ What XRPL Really Shows
Early June 2025: 50+ Coinbase-tagged wallets held nearly 1B XRP.
Summer: Huge transfers, billions moving out.
Mid-September: Only a few wallets left, holding tens of millions.
👉 That’s a massive reduction, yes — but NOT “zero.”
✨ Vet’s Reality Chak
Top XRPL validator Vet fired back:
“Are you really going to believe Coinbase has ZERO XRP while it’s still listed and traded there?”
💡 His point: Coinbase probably just shuffled funds into new, unlabeled wallets. Remember — wallet labels on XRPL are community-sourced. New wallets may not be mapped yet.
✨ The Real Takeaway
True ✅: Coinbase-tagged XRP cold wallets shrank big time.
False ❌: Coinbase didn’t “abandon” XRP. Holdings likely got redistributed to new custody wallets.
⚠️ Lesson for investors: Social media alerts can spark panic 🚨, but without full context, even on-chain data can mislead.
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