Whale Transfers $120 Million in XRP to Coinbase

XRP is the native asset of the Ripple ecosystem and the XRP Ledger and is used primarily for cross-border payments and fund transfers. Large token inflows to centralized exchanges such as Coinbase are often interpreted as a sign that holders may be preparing to sell or adjust their positions. Such transfers can also involve custody or over-the-counter trade settlement, however, and do not by themselves establish that selling pressure is imminent.

On April 13, 2026, Whale Alert detected the transfer of about 89.8287 million XRP through an intermediary wallet to an address associated with Coinbase. The tokens were worth about $119 million at the time. XRP was trading at about $1.33 and was broadly flat over 24 hours, but had fallen more than 60% from its summer 2025 peak.