๐Market Watch | Binance Insights | 16 July 2025
In a dramatic twist for XRP holders, over $73 million worth of XRP โ totaling 25.5 million tokens โ has just been transferred to Coinbase in a single move.
๐ง The transfer, spotted by Whale Alert, came from a mysterious wallet (rJQC2R) and has triggered panic and speculation across the crypto community.
๐ณ Whale Activity Triggers Market Shift
The move comes just after XRP hit a four-month high, sparking a wave of bullish sentiment. But the timing of this whale dump is raising eyebrows โ could this be a profit-taking exit, or a signal that the recent rally is over?
As XRP slips back into the red zone, currently trading around $2.93 (per CoinMarketCap), short-term holders are wondering:
> ๐ฌ โIs this the top for XRP โ or just a shakeout before another leg up?โ
โ๏ธ Speculation or Strategy?
Analysts suggest large exchange deposits like this often signal one of two things:
Profit-taking after a rally
Or preparation to sell in a broader market correction
Some also believe this move might be tied to institutional rebalancing ahead of the expected XRP ETF launch and the possible withdrawal of the SEC appeal.
๐จ XRP Price Outlook: Whatโs Next?
โ XRP recently reclaimed the $3 mark โ a major psychological barrier
๐ Current pullback: down 0.4% over the last 24 hours
๐ Bulls still eye new highs, with some expecting a return to the $4โ$5 zone if ETF news breaks in favor
Soโฆ is this the end of XRPโs pump โ or just a whale-sized pause before liftoff?
๐ Stay tuned. With whale wallets moving and institutions circling, XRPโs next chapter is just getting started.
#XRP #CryptoNews #XRP #CryptoNews #
Binance #WhaleAlert #XRPETF #AltcoinSeason #Binance #WhaleAlert #XRPETF #AltcoinSeason #Coinbase
