XRP whale moves $119 million to Coinbase

Approximately 89.8 million XRP, valued at $119 million, was transferred to a Coinbase-linked address through intermediary wallets. This significant "whale transaction" is closely watched in the crypto market as large inflows to exchanges often suggest potential selling or rebalancing by major holders. While the exact intent remains unclear, such movements can influence market perception and trading activity for the payments-focused cryptocurrency. XRP's price has been flat recently but remains significantly down from its previous peak.