Whale Alert, a platform that monitors large cryptocurrency transactions, has detected $70 million worth of XRP being transferred to Coinbase from an anonymous crypto wallet. This comes as part of a larger movement of 104.5 million XRP over the past 48 hours involving three major global exchanges. While one transaction involved an internal transfer within Coinbase, the other two transactions were initiated by unknown XRP holders, with 25 million XRP being withdrawn from Upbit and 50 million XRP being deposited to Bithumb. Additionally, Ripple released 1 billion XRP from escrow on March 2, following the announcement of the creation of the U.S. Strategic Crypto Reserve, which includes XRP among other cryptocurrencies.



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