Breaking: Zero Coinbase XRP Cold Wallets Remaining. Here’s What Happened

Unusual on-chain activity has electrified the XRP ecosystem, prompting speculation that Coinbase, the largest ￰1￱ exchange, may have secretly emptied its XRP reserves just a few days after it was reported that the exchange’s XRP reserve plunged 95% Traders, analysts, and blockchain investigators rushed to public ledgers for ￰2￱ movements they uncovered were indeed dramatic, but they do not support the sensational claim that Coinbase now holds “zero” ￰3￱ Viral Claim The uproar began when analytics account XRP_Liquidity posted on X that Coinbase’s XRP cold wallets had dropped to ￰4￱ timing heightened intrigue: the activity started in June 2025, only days after Ripple CEO Brad Garlinghouse’s highly publicized wedding and as BlackRock expanded its footprint in the crypto ￰5￱ coincidences fueled theories of institutional repositioning and large-scale custody shifts. 0 Coinbase Cold Wallets Remaining Cold Wallets, remained static for years, began showing significant movements starting June ￰6￱ just days after Brad Garlinghouse's wedding and around the time BlackRock is expanding its presence in the crypto ecosystem. ￰0￱ ￰7￱ — XRP_Liquidity (Larsen/Britto/Escrow/ODL/RLUSD) (@XRPwallets) September 24, 2025 What the Ledger Reveals Public XRPL explorer data confirms a steep decline in Coinbase-tagged ￰8￱ early June, more than 50 Coinbase-labeled cold wallets together held nearly one billion ￰9￱ sums of money were transferred in massive amounts over the ￰10￱ mid-September, only a handful of wallets remained , with balances reduced to mere tens of millions of ￰11￱ contraction is striking, yet it stops far short of a complete wipeout.

Vet’s Measured Rebuttal Prominent XRPL validator Vet quickly countered the “zero wallets” ￰12￱ a direct response, Vet wrote: “I don’t think that’s accurate.” He elaborated with a pointed reminder about sound analysis: “Whenever you do an analysis, you need to check whether the result makes ￰13￱ you going to believe Coinbase has zero XRP in their wallets while it’s being listed and traded on Coinbase?” “Coinbase has probably new wallets that are not being tracked ￰14￱ labeled Coinbase accounts are reports from the community, so you rely on people scouting their wallets. That’s not a guarantee of coverage of all exchange accounts.” Vet ￰15￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Vet’s remarks highlight a key limitation: exchange wallet labels on the XRP Ledger are ￰16￱ or reorganized custody addresses may not yet be identified, meaning any snapshot of “Coinbase wallets” can be ￰17￱ Takeaway XRP_Liquidity’s alert accurately flagged a massive and market-relevant reduction in Coinbase-tagged cold wallets.

A closer look, supported by Vet’s caution, suggests Coinbase’s XRP holdings likely still exist, but have been redistributed to unmapped ￰18￱ incident serves as a warning to market participants: while social media can highlight market movements, without thorough verification, even strong on-chain evidence can be ￰19￱ : This content is meant to inform and should not be considered financial ￰20￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰21￱ are urged to do in-depth research before making any investment ￰22￱ action taken by the reader is strictly at their own ￰23￱ Tabloid is not responsible for any financial ￰24￱ us on Twitter , Facebook , Telegram , and Google News