Coinbase Sees Major XRP Whale Activity Amid ETF Optimism

XRP is capturing renewed market interest as significant whale transactions and growing institutional demand signal potential upside. Blockchain data shows a single transfer of 29.5 million XRP ($64 million) to Coinbase, while analytics firm Santiment reports whales holding 10M-100M XRP added 200 million tokens to their portfolios last week. The bullish momentum coincides with anticipation for the upcoming ProShares XRP ETF, which could further legitimize the asset for institutional investors. Analysts suggest these developments – combined with Ripple’s ongoing legal clarity – position XRP for a potential breakout as capital rotates into altcoins. Market observers are watching Coinbase’s order books closely, as the exchange has historically served as a liquidity hub for major XRP movements before price rallies.

XRP Price Ready for Comeback as Whale Activity and ETF Prospects Fuel Optimism

XRP is attracting renewed market attention following a significant whale transaction and accelerating institutional interest. On-chain data reveals a single transfer of 29.5 million XRP (valued at $64 million) to Coinbase, while Santiment reports whales holding 10M-100M XRP added 200 million tokens to their positions last week.

The cryptocurrency’s bullish case strengthens with the impending ProShares XRP ETF decision, currently priced at an 80% approval probability by Polymarket. Such institutional catalysts coincide with growing U.S. crypto adoption, where 23% of investors now hold digital assets.

XRP Price Prediction: Whale Activity Signals Potential $10 Breakout

XRP dipped 2% to $2.14 amid a broader crypto market pullback, but whale movements hint at strategic positioning rather than panic selling. A single transfer of 29.5 million XRP ($64.4M) to Coinbase—typically interpreted as bearish—may instead reflect accumulation ahead of a major rally.

Historical chart patterns suggest XRP is replicating formations that preceded explosive gains in previous cycles. Market sentiment appears to be shifting despite superficial volatility, with large holders potentially front-running retail investors.