XRP Whale Moves 16.8M to Coinbase – Key Takeaways
Transaction: 16.8M XRP (~$8.9M at $0.53) sent to Coinbase
Implications: Possible sell pressure or institutional rebalancing
Context:
Recent whale buys (130M XRP at lows) conflict with this move
Critical support: $0.50 – break could trigger sell-off
Watch: Exchange inflows & price action near $0.50