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Coinbase's XRP rich-list balance was tallied at 5,569,165,957 XRP, a 4,870.7% increase, but XRPScan attributes the jump to 146 previously unidentified Coinbase-linked wallets being newly labeled rather than fresh deposits. That distinction matters for market structure reads: a genuine 5.5B XRP transfer into an exchange would imply potential sell-side supply, whereas an identification event leaves circulating float and custody unchanged, so positioning off this datapoint risks a false bearish signal. Confirmation should come from actual net exchange deposit and withdrawal flows and order-book depth, not from rich-list address labels, which can be reclassified without any economic transaction.
As a Crypto signal, watch whether it changes price action, volatility, or flows around XRP, COIN.
Original Source: 토큰포스트
This page is market information analysis, not investment advice.
Influencer Threads
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