Over 29 million XRP has been transferred to Coinbase from an unknown wallet, sparking speculation about the reason for the move. One possibility is that the tokens are being sold, although other reasons such as providing liquidity or fund reshuffling are also possible. The exact motive behind the transfer remains unknown. XRP's price has been consolidating between $2.82 and $3.40, suggesting a potential major move in the near future. Additionally, the XRP Ledger has experienced significant growth in NFT transactions, with a notable rise in minting activity.



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