Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    MicroStrategy Upsizes IPO to $1B for Bitcoin Purchase

    Trump Media Plans $12 Billion Bitcoin Investment

    Trump Media Raises $12 Billion for Bitcoin Acquisition

    Strategy Increases Stock Offering to Acquire Bitcoin

    Bitcoin Long Positions Liquidation Reaches $262 Million

    Samson Mow Urges Elon Musk to Reconsider Bitcoin Strategy

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Elon Musk’s X Partners with Polymarket for Prediction Platform

    Bittensor Achieves Record 118 Active Subnets in Decentralized AI

    Bittensor Reaches 118 Active Subnets Milestone

    Bittensor Sets Record with 118 Active Subnets

    World Liberty Financial Issues Cease-and-Desist to TRUMP Coin

    Solana Price Fractal Speculates $400 Target for SOL Token

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

XRP Whale Moves $73 Million to Coinbase

Solomon M. by Solomon M.
May 16, 2025
in Altcoin News
Key Takeaways:
  • 29 million XRP transferred to Coinbase, no official comments.
  • Selling fears could affect market stability.
  • XRP price volatility concerns increase after transfer.
xrp-whale-transfer-sparks-market-concerns
XRP Whale Transfer Sparks Market Concerns

The large XRP transfer to Coinbase raises concerns of increased sell pressure, potentially impacting broader market dynamics and causing volatile price fluctuations in the near term.

Market Sentiment and Analysis

A significant XRP whale transaction of over 29 million tokens was moved to Coinbase, tracked by the on-chain analytics provider Whale Alert. Speculation arises about potential market implications due to the sheer volume being traded. The unknown identity of the whale highlights a common practice in cryptocurrency markets, where large transfers often impact trader sentiment. Despite the magnitude of this transfer, Ripple executives have not issued any comments.

Market Analyst, unnamed – “A $73M XRP whale transfer to Coinbase raises fears of a major sell-off and XRP price drop toward $2 support,” reflecting heightened trader nerves. source

Potential Market Impact

As Ripple traded near a resistant level of $2.50, the transaction raised fears of a potential price drop. Such significant transfers are often perceived as a precursor to selling, which could increase volatility. With XRP having a brief spike to $3.13 recently, traders watch for signs of sell-off pressures.

A crucial observation remains that the movement of such a high volume of XRP to a trading platform like Coinbase could influence liquidity and market response. Analysts express concerns about possible sell-offs, which might drive XRP prices to lower support levels near $2.00, increasing risks for leverage positions.

While no regulatory body has remarked on this transfer, community discussions oscillate between speculation over the whale’s intent and the broader market impact. The ripple effect seen in such instances is profound, though the regulatory stance or intervention remains non-evident to date. The market awaits further developments as traders and investors adapt to the price dynamics predicted by this significant transaction.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Whale Moves 29 Million XRP to Coinbase

Next Post

Eric Trump Plans Major Bitcoin Mining Expansion

Solomon M.

Solomon M.

Related Posts

Elon Musk’s X Partners with Polymarket for Prediction Platform

by Solomon M.
June 6, 2025

Elon Musk’s X announces partnership with Polymarket, enhancing prediction market integration on the platform.

Bittensor Achieves Record 118 Active Subnets in Decentralized AI

by Solomon M.
June 6, 2025

Bittensor reaches a milestone with 118 active subnets, boosting decentralized AI infrastructure and attracting major institutional backing.

Bittensor Reaches 118 Active Subnets Milestone

by Solomon M.
June 6, 2025

Bittensor expands to 118 active subnets, boosting decentralized AI network growth and engagement.

Bittensor Sets Record with 118 Active Subnets

by Solomon M.
June 6, 2025

Bittensor achieves 118 active subnets, marking significant growth in decentralized AI and expanding its ecosystem.

World Liberty Financial Issues Cease-and-Desist to TRUMP Coin

by Joshua T.
June 5, 2025

World Liberty Financial issues cease-and-desist to TRUMP coin creators amid concerns over unauthorized use of the Trump name.

Solana Price Fractal Speculates $400 Target for SOL Token

by Solomon M.
June 5, 2025

Solana's speculative $400 price target initiated by independent analysts; co-founders maintain tech focus.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.