Picture, if you will, the grand stage of the American financial circus where a most splendid spectacle unfolded—a colossal migration of 29,532,534 shiny XRP tokens, glittering to the tune of nearly $68.7 million, took a leisurely stroll onto the hallowed grounds of Coinbase. Naturally, such a sight would make the common herd gasp: “Who dares to sell such a fortune?” But hold your monocles—this was no ordinary fleeing trader, no sir!
In a twist worthy of a Gogol tale, it was none other than Coinbase’s own shadowy puppeteers, shuffling their treasure from one secret chamber to another within their fortress. Not once, not twice, but thrice in under a fortnight, these phantom wallets have redistributed bundles of exactly 3.88 million XRP each, like a baker dividing loaves with suspicious precision.
Is this mere housekeeping? Or a cunning stratagem brewing in the depths of Coinbase’s labyrinthine crypts? The town is abuzz, everyone scratching their heads, sipping tea, and whispering, “What devilry is this?”
Coinbase to Coinbase
Third cold wallet drained and parcelled out to sub-wallet kinfolk. Could this be the prelude to an ETF dance?
— XRP_Liquidity (Larsen/Britto/Escrow/ODL/RLUSD) (@XRPwallets) April 28, 2025
This whimsical drama unfolds against a very changed backdrop from those gloomy days past. April itself carried gifts—a merry band of XRP ETFs fledged by the ProShares and CME Group academies, futures graced the markets, and after a lengthy trial of fortitude and legal jousts, the SEC ceased their relentless stalking of Ripple.
The crowd’s enthusiasm swells as XRP stands firm upon the battlements of critical price levels, unbowed despite the wild plunges and rallies of the larger crypto bazaar.
Rumor whispers that if fortune smiles, XRP may soon flirt with the exalted $3, and perhaps strive to reclaim the throne held once at $3.80 to $4.00. Should the mighty CME open the gates wider, institutional giants might storm in, fueling the token’s ascent with buckets of gold.
Yet, let not the festivity blind us. Each monstrous transaction causes eyebrows to arch and fingers to twitch—especially in times marred by the haunting specters of hacks such as Bybit’s or today’s latest Bitcoin wallet exploit. Ah, the dance of crypto, ever thrilling, ever perilous! 💃💸🕵️♂️
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2025-04-28 17:17