The XRP community is buzzing after a viral post suggested that BlackRock might be quietly buying XRP through Coinbase Custody. But how much of this is fact, and how much is just speculation? Here’s what the data shows 📊
✨ The On-Chain Clues
📉 Coinbase XRP reserves dropped 780M → under 200M between June and August 2025.
🔄 Wallets were cut from 52 → ~12, each now holding about 16.5M XRP.
👉 This looks like custody restructuring — not a massive sell-off.
✨ Why BlackRock Is in the Spotlight
Coinbase Prime offers custody solutions for big institutions.
BlackRock’s Aladdin platform is fully integrated with Coinbase Prime.
This means BlackRock could be gaining exposure to XRP — without holdings showing on public exchanges.
✨ Facts vs. Rumors
✅ XRP reserves on Coinbase sharply declined.
✅ Wallets were consolidated into uniform accounts.
✅ Coinbase & BlackRock have a custody partnership.
❌ No official proof that BlackRock itself is buying XRP.
✨ Why It Matters for Holders
Not a sell-off ➝ less market dumping pressure.
Could hint at growing institutional demand.
If true, it signals rising long-term confidence in XRP.
But remember: BlackRock’s involvement is still unconfirmed.
⚡ Bottom Line:
Coinbase’s XRP is clearly being moved into custody, not dumped. Whether BlackRock is the one stacking bags remains a rumor. For now, it’s a mix of hard blockchain data and intriguing speculation — and the market is watching closely.
📌 Disclaimer: This post is for informational purposes only and not financial advice. Always DYOR before investing.
