XRP Whale Activity on Coinbase Signals Market Uncertainty Amid Price Decline

XRP has experienced a sustained downturn, falling from $2.33 to $2.08 over four consecutive days as selling pressure dominates the market. The altcoin is now testing a critical support level at $2, with a potential drop to $1.90 if this level fails. Whale activity has intensified, with large holders showing signs of impatience—one notable transaction involved a transfer of $57.7 million worth of XRP to Coinbase. Positive exchange netflows further indicate distribution, raising concerns about near-term price stability. This trend highlights growing uncertainty among major investors as XRP struggles to maintain key support levels.

XRP Faces Sustained Selling Pressure as Whales Retreat

XRP has declined for four consecutive days, dropping from $2.33 to $2.08 amid dominant sell-side activity. The altcoin now tests critical support at $2, with a breach potentially opening the path toward $1.90.

Whale behavior signals growing impatience—large holders have driven recent spot market transactions, with one entity transferring $57.7 million worth of XRP to Coinbase. Exchange netflows turning positive further confirm distribution pressure, creating headwinds for any near-term recovery.

3 Made in USA Coins to Watch for the Third Week of June

Hedera (HBAR) faces continued bearish pressure, down 8.5% over the past week. Trading volume remains subdued at $102 million, with the token struggling to break above $0.19 since late May. Technical indicators suggest a potential retest of $0.15 support unless momentum reverses.

Aerodrome Finance (AERO) surges 44% following Coinbase''s Base chain DEX integration, pushing its market cap NEAR $608 million. The move signals growing institutional recognition of decentralized exchange infrastructure.

XRP maintains market attention as investors balance ecosystem growth against persistent SEC litigation. The dual narrative of technological progress versus regulatory uncertainty continues to drive volatility.

Coinbase Moves Nearly 27 Million XRP Internally as Trading Volume Declines

Coinbase executed a significant internal transfer of 26.89 million XRP tokens on June 15, 2025, valued at approximately $57 million. The transaction, originating from a cold storage wallet labeled ''Coinbase (Cold 48)'' and directed to an institutional account, suggests potential institutional activity. Blockchain records confirm the transfer was completed without deviation, with a negligible fee of 0.00001 XRP.

XRP''s trading volume declined by 34.72% as the price slipped below the key resistance level of $2.18. Short-term support has formed near $2.10, while the circulating supply remains steady at 58.88 billion tokens. The movement of such a large volume of XRP by Coinbase could indicate rising institutional interest or upcoming trading activity.

‘iPhone Moment’ For Stablecoins Is Coming Soon, Circle CEO Claims

Circle CEO Jeremy Allaire predicts a transformative shift in stablecoins, drawing parallels to the iPhone''s 2007 debut. Major retailers like Walmart and Amazon are exploring proprietary dollar-backed coins, while Shopify prepares to integrate USDC payments by June 13 through a Coinbase partnership. Despite growing merchant adoption, developers remain cautious, with programmable dollars yet to become a mainstream tool.

Shopify''s Tobi Lutke champions stablecoins as a natural fit for online commerce, deploying smart contracts to facilitate transactions. The coming months will test whether programmable money achieves critical mass or remains a niche innovation.