| COINOTAG recommends • Exchange signup |
| 💹 Trade with pro tools |
| Fast execution, robust charts, clean risk controls. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🚀 Smooth orders, clear control |
| Advanced order types and market depth in one view. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📈 Clarity in volatile markets |
| Plan entries & exits, manage positions with discipline. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| ⚡ Speed, depth, reliability |
| Execute confidently when timing matters. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🧭 A focused workflow for traders |
| Alerts, watchlists, and a repeatable process. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ✅ Data‑driven decisions |
| Focus on process—not noise. |
| 👉 Sign up → |
Coinbase XRP holdings fell about 89.8% from ~970 million XRP across 52 cold wallets in June to roughly 99 million XRP in mid‑September, per on‑chain data reported by XRPWallets. The change reflects sustained transfers off the exchange, leaving only six active cold wallets.
-
89.79% decline from June to mid‑September
-
On‑chain data shows transfers from Coinbase cold wallets to unknown destinations, with intermittent inflows back to the exchange.
-
Coinbase now holds about 99 million XRP vs ~970 million in June; XRP market cap remains near $183 billion.
Coinbase XRP holdings dropped 89.8% to ~99M XRP by mid‑September — read on‑chain analysis, data table, FAQs, and key takeaways to understand the shift.
| COINOTAG recommends • Professional traders group |
| 💎 Join a professional trading community |
| Work with senior traders, research‑backed setups, and risk‑first frameworks. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 📊 Transparent performance, real process |
| Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
| 👉 Get access → |
| COINOTAG recommends • Professional traders group |
| 🧭 Research → Plan → Execute |
| Daily levels, watchlists, and post‑trade reviews to build consistency. |
| 👉 Join now → |
| COINOTAG recommends • Professional traders group |
| 🛡️ Risk comes first |
| Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
| 👉 Start today → |
| COINOTAG recommends • Professional traders group |
| 🧠 Learn the “why” behind each trade |
| Live breakdowns, playbooks, and framework‑first education. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 🚀 Insider • APEX • INNER CIRCLE |
| Choose the depth you need—tools, coaching, and member rooms. |
| 👉 Explore tiers → |
What happened to Coinbase’s XRP holdings?
Coinbase XRP holdings declined sharply after on‑chain trackers recorded large, repeated transfers out of the exchange’s cold wallets. Coinbase moved from roughly 970 million XRP across 52 cold wallets in June to about 99 million XRP in mid‑September, driven by sustained transfers between Coinbase and unknown wallets.
How did on‑chain transfers drive the decline?
On‑chain data reported by XRPWallets shows a pattern of repeated withdrawals from Coinbase cold storage during the summer months. Ten wallets previously held ~26.8 million XRP each, while the remaining wallets combined for ~16.8 million XRP; by mid‑September only six cold wallets remained active, each holding ~16.5 million XRP.
| COINOTAG recommends • Exchange signup |
| 📈 Clear interface, precise orders |
| Sharp entries & exits with actionable alerts. |
| 👉 Create free account → |
| COINOTAG recommends • Exchange signup |
| 🧠 Smarter tools. Better decisions. |
| Depth analytics and risk features in one view. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| 🎯 Take control of entries & exits |
| Set alerts, define stops, execute consistently. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🛠️ From idea to execution |
| Turn setups into plans with practical order types. |
| 👉 Join now → |
| COINOTAG recommends • Exchange signup |
| 📋 Trade your plan |
| Watchlists and routing that support focus. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| 📊 Precision without the noise |
| Data‑first workflows for active traders. |
| 👉 Sign up → |
That change equates to an 89.79% reduction in visible Coinbase holdings. The chain data records movement but does not reveal final custodianship or off‑chain transfers into private vaults or institutional custody.
How to track Coinbase XRP movements on‑chain?
- Identify Coinbase cold wallet addresses reported by on‑chain trackers such as XRPWallets (plain text reference).
- Monitor ledger transfers for incoming and outgoing transactions and note recurring counterparties and amounts.
- Check timestamp clusters to see concentrated transfer windows indicating large batch movements.
- Compare historical balance snapshots (e.g., June vs September) to quantify percent change.
- Correlate large transfers with market events or exchange announcements to infer possible custodial changes.
Coinbase visible XRP holdings — June vs Mid‑September
| Metric |
June (approx.) |
Mid‑September (approx.) |
Change |
| Active cold wallets |
52 |
6 |
-46 wallets (-88.5%) |
| Total visible XRP |
~970,000,000 XRP |
~99,000,000 XRP |
-89.79% |
| Largest per‑wallet holding (approx.) |
~26.8M XRP |
~16.5M XRP |
-38.4% per largest wallet |
| COINOTAG recommends • Traders club |
| ⚡ Futures with discipline |
| Defined R:R, pre‑set invalidation, execution checklists. |
| 👉 Join the club → |
| COINOTAG recommends • Traders club |
| 🎯 Spot strategies that compound |
| Momentum & accumulation frameworks managed with clear risk. |
| 👉 Get access → |
| COINOTAG recommends • Traders club |
| 🏛️ APEX tier for serious traders |
| Deep dives, analyst Q&A, and accountability sprints. |
| 👉 Explore APEX → |
| COINOTAG recommends • Traders club |
| 📈 Real‑time market structure |
| Key levels, liquidity zones, and actionable context. |
| 👉 Join now → |
| COINOTAG recommends • Traders club |
| 🔔 Smart alerts, not noise |
| Context‑rich notifications tied to plans and risk—never hype. |
| 👉 Get access → |
| COINOTAG recommends • Traders club |
| 🤝 Peer review & coaching |
| Hands‑on feedback that sharpens execution and risk control. |
| 👉 Join the club → |
Frequently Asked Questions
How big was the decrease in Coinbase XRP reserves?
The decrease was roughly 89.79% from June to mid‑September, falling from about 970 million XRP to approximately 99 million XRP according to on‑chain snapshots reported by XRPWallets.
Where might the withdrawn XRP be going?
On‑chain traces only show removals from exchange cold wallets. Withdrawn XRP may move to private custody, institutional vaults, OTC counterparties, or other exchanges; on‑chain addresses do not reveal off‑ledger custody or end users.
Does this affect XRP’s market rank?
XRP remained the third largest cryptocurrency by market capitalization (approx. $183 billion) during these transfers. Visible exchange holdings changing do not directly alter circulating supply or market cap calculations.
Key Takeaways
- Major decline: Coinbase’s visible XRP holdings dropped ~89.79% between June and mid‑September.
- On‑chain transparency limits: The ledger shows movements but not final custodians or off‑chain transfers.
- Action for investors: Monitor public cold wallet addresses, transaction clusters, and balance snapshots to interpret custody shifts.
Conclusion
Coinbase’s visible XRP holdings have fallen sharply, with on‑chain data from XRPWallets recording an 89.79% decline to around 99 million XRP by mid‑September. While the ledger confirms substantial transfers off exchange cold wallets, it does not identify recipients or motives. Investors should track wallet balances and transaction patterns and consider custody shifts when assessing market supply dynamics. For continued coverage and on‑chain analysis, follow updates from COINOTAG.
| COINOTAG recommends • Exchange signup |
| 📈 Clear control for futures |
| Sizing, stops, and scenario planning tools. |
| 👉 Open futures account → |
| COINOTAG recommends • Exchange signup |
| 🧩 Structure your futures trades |
| Define entries & exits with advanced orders. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| 🛡️ Control volatility |
| Automate alerts and manage positions with discipline. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ⚙️ Execution you can rely on |
| Fast routing and meaningful depth insights. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📒 Plan. Execute. Review. |
| Frameworks for consistent decision‑making. |
| 👉 Join now → |
| COINOTAG recommends • Exchange signup |
| 🧩 Choose clarity over complexity |
| Actionable, pro‑grade tools—no fluff. |
| 👉 Open account → |
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |