Coinbase's XRP cold wallet balances have reportedly plummeted to zero, according to analytics account XRP_Liquidity, which noted a decline from nearly one billion XRP in June 2025 to zero by mid-September. This development has fueled speculation within the XRP community, particularly following Ripple CEO Brad Garlinghouse's wedding and BlackRock's increasing involvement in the crypto sector. Despite these claims, XRPL validator Vet has challenged the assertion, arguing that it is unlikely for Coinbase to hold no XRP while the cryptocurrency remains actively listed and traded on the platform. Meanwhile, Bill Morgan, a notable XRP advocate, has recognized Coinbase's recent legal actions against the SEC as a positive step for the XRP community.
Coinbase's XRP Cold Wallets Allegedly Drop to Zero, Stirring Speculation
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