Coinbase Dumps 83% XRP; Reserves Down From 60 To 10 Wallets

Coinbase’s Ripple (XRP) reserves have been drastically plummeting since the start of this year’s summer. Starting off with over 60 cold & hot crypto wallets carrying different amounts of XRP coins, the blockchain register now shows just 10 cold storage Coinbase wallets holding XRP balances above zero. What could have triggered this shift? Notably, the demand for Ripple’s XRP on Coinbase has extensively plunged on Perpetuals markets, ever since the Chicago Mercantile Exchange (CME) introduced the OG altcoin on traditional leveraged markets. https://twitter.com/stogiescigs/status/1963690503628529909 Now, with just 10 cold wallets remaining at 16.5 million XRP coins each, XRP Army members

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