Coinbase Slashes XRP Stash: Is a Big Shift Brewing?

Ripple (XRP), one of the biggest altcoin incumbents to hit a triple-digit growth this year, is lately getting very scarce on centralized crypto exchanges (CEXs). Coinbase, the largest American crypto exchange which had recently introduced XRP Futures trading, has seen a 69% plunge from the last quarterly report. According to the blockchain register, Coinbase now owns 249,161,825 XRP coins, a whopping 57% drop in a month. This tremendous drop in XRP’s reserves on the largest American crypto platform sparked debate over whether this is a sell-off answering to the lacking customer demand or a maintenance move. What’s Behind Coinbase’s

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