$XRP
🚨 MAJOR XRP ALERT: Coinbase Holdings PLUMMET 90%! 🚨
Hey everyone, let's break down this HUGE news that's shaking the XRP community. Here’s what you need to know.
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📉 The Stunning Drop
On-chain data reveals something massive: Coinbase's visible XRP stash has crashed by 90% in just 3 months.
· Then: ~970 Million XRP
· Now: ~99 Million XRP
That's over 870 million XRP moved out. This isn't normal activity—this is a seismic shift.
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🤔 So, What Does This REALLY Mean?
This is the million-dollar question. The key thing to understand is that the blockchain shows transfers, not necessarily sales.
Where did the XRP go? Analysts have a few theories:
· 💼 Big OTC Deals: Institutions buying huge amounts off the public market.
· 🔐 Moving to Private Wallets: Whales taking their coins off exchanges for safekeeping (HODLing!).
· 🏛️ Internal Shuffling: Coinbase could just be moving coins between their own cold wallets.
The bottom line: This could be extremely BULLISH (less sell pressure on exchanges) or just neutral. It's likely NOT a mass sell-off.
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⚡ Why This Matters for YOU
A drop this big in exchange supply is a classic precursor to volatility.
· Less supply on exchanges often means less available to sell.
· Major moves like this often happen before big price actions.
· It shows that huge players are making big moves with XRP right now.
As one expert said: "No one is ready for what comes next." The market is waiting for the next clue.
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Stay smart, stay informed, and watch the blockchain! 👀
What do you think this means for XRP? Drop your thoughts below! 👇
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