🐳 XRP Whale Dumps $60M to Coinbase During Rally!
📅 June 13, 2025
🚨 Breaking: Whale Alert captured a massive 26.7 million $XRP (~$60 million) transfer to Coinbase, coinciding with a rally—classic setup for a possible dump.
🧭 Why It Matters
1. Bearish trigger likely – Deposits to exchanges often precede large sell-offs.
2. Retail longs hit – ~$9.5 million in $XRP long liquidations have already occurred.
3. Market sentiment could flip fast – A whale-driven dump can spark panic and amplify volatility.
📊 Market Analysis & Outlook
• Bearish scenario: Expect $XRP to revisit $0.50–$0.52 support if selling begins.
• Neutral watch: If the whale pauses, XRP may just consolidate near current levels.
• Key alert: Keep your eyes on Coinbase order books—strong sell walls could signal aggression.
🔍 Final Takeaway
A $60M XRP dump into Coinbase amidst a rally is a classic red flag—prepare for a potential short-term correction or shakeout. The next few hours are crucial.
💬 What’s your take?
• Do you expect a major sell-off or consolidation?
• Will XRP hold support or slide further?
Share your strategy! 👇👇