Coinbase's XRP Vanished Overnight?!

Coinbase’s XRP cold wallets plunged from 52 to just 6—what really happened? I walk you through the on-chain breadcrumbs: nearly 970M XRP once tucked in cold storage, suddenly moving in 16M-sized chunks, with Whale Alert pinging “unknown” transfers that matched XRPScan traces back to Coinbase. Cold wallets fed hot wallets, then XRP flowed to exchanges and private addresses—classic withdrawal activity. The twist? Those reserves shrank to ~98M XRP, an 89.8% drop, and Coinbase stayed silent. From bank-vault analogies to a community debate in Discord, I weigh the theories—supply shock whispers vs. simple self-custody and profit-taking—while keeping a clear reality check. I’m an XRP holder, but I’m not chasing hype; I’m watching the data and the story evolve. If this breakdown helps, subscribe for more in-depth crypto breakdowns. #XRP #Coinbase #CryptoNews 🔗 Free Educational 𝗗𝗶𝘀𝗰𝗼𝗿𝗱: 👉 https://discord.gg/cheekycrypto 🧠 This is a community for educational discussion only. 🚫 No financial advice is provided. 👨‍💼 Admins and moderators are not licensed financial professionals. 📚 Learn: 👉 https://cheekyschool.com/ Educational resource only – no guarantees of financial outcome. ----------------------------------------------------------------- 🎥 OUR YOUTUBE CHANNELS 🔹 Follow Cheeky Crypto 𝗼𝗻 YouTube: / @CheekyCrypto 🔹 Follow Cheeky Crypto Plus 𝗼𝗻 YouTube: / @CheekyCryptoPlus 🔹 Follow Cheeky Crypto News 𝗼𝗻 YouTube: / @CheekyCryptoNews 🔹 Follow Cheeky Crypto Education 𝗼𝗻 YouTube: / @CheekyCryptoEducation 🔹 Follow Cheeky Crypto Unfiltered 𝗼𝗻 YouTube: / @Cheeky_Crypto_Unfiltered ----------------------------------------------------------------- 📱 FOLLOW US ON SOCIAL MEDIA 🐦 Follow us 𝗼𝗻 𝗫: / cheekycrypto 📘 Follow us 𝗼𝗻 𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤: / cheekycrypto ----------------------------------------------------------------- Check out our Affiliate Offers: We may earn a commission if you sign up through the link below. 👉 https://portal.cheekycrypto.io/cheeky-crypto-affiliate-links/ ----------------------------------------------------------------- ⚠️ 𝗕𝗘𝗪𝗔𝗥𝗘 𝗢𝗙 𝗦𝗖𝗔𝗠𝗠𝗘𝗥𝗦 𝗜𝗡 𝗢𝗨𝗥 𝗖𝗢𝗠𝗠𝗘𝗡𝗧𝗦 𝗔𝗡𝗗 𝗖𝗢𝗠𝗠𝗨𝗡𝗜𝗧𝗬 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦 ⚠️ 🛑 DISCLAIMER: This is a channel for entertainment purposes only. All opinions expressed by the hosts and guests should not be construed as financial advice.The views of guests and hosts do not necessarily reflect those of the channel. We do not promote any get-rich-quick schemes, trading strategies that guarantee returns, or risky financial behavior. All trading decisions are your own responsibility. Viewers are strongly encouraged to do their own research. Trading cryptocurrencies carries a significant risk of loss, and no outcome is guaranteed. This Channel does not offer financial services or securities and does not guarantee any results. Affiliate offers are intended only for non-UK residents. This content complies with YouTube's Harmful and Dangerous Content policies and is intended for mature audiences interested in learning about blockchain technology. Some links are affiliate offers. We may earn a commission if you sign up through them, at no additional cost to you. These platforms are not recommendations and are shared for informational purposes only. Offers vary and may not be available in all regions. Please consult your local laws and financial advisor before participating. ----------------------------------------------------------------- Timestamps 00:00 90% XRP gone on Coinbase 01:44 Buckle up for the XRP mystery 03:28 52 wallets and holdings 05:12 Whale Alert flags big transfers 06:56 Cold to hot to exchanges 08:40 Why are withdrawals surging? 10:24 Six wallets left 98M XRP 12:08 Bank vault analogy 13:52 Coinbase silent on outflows 15:36 Self-custody and user shifts 17:20 Community debate on Discord 19:04 Leaning bullish on supply shock 20:48 Transparent yet mysterious ledger 22:32 Diversify and stay cautious 24:17 Final thoughts