TLDR Ripple transferred 75 million XRP across multiple wallets before routing 50 million tokens to Coinbase addresses. The transactions began on April 20 and continuedTLDR Ripple transferred 75 million XRP across multiple wallets before routing 50 million tokens to Coinbase addresses. The transactions began on April 20 and continued

Ripple Transfers 75M XRP as 50M Reach Coinbase Wallets

2026/04/21 22:30
3 min read
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TLDR

  • Ripple transferred 75 million XRP across multiple wallets before routing 50 million tokens to Coinbase addresses.
  • The transactions began on April 20 and continued into early April 21 through a series of linked transfers.
  • Two Coinbase wallets received a combined total of 50 million XRP from the redistributed funds.
  • Two other wallets retained 25 million XRP after the movement sequence ended.
  • XRP traded at $1.43 at press time after posting a 4.9% gain over the past week.

Ripple shifted 75,000,000 XRP across several wallets before sending 50,000,000 tokens to Coinbase addresses. The transfers occurred on April 20 and continued into early April 21. XRP traded at $1.43 at press time, posting a 4.9% weekly gain.

Ripple Transfers 75,000,000 XRP Across Wallet Network

Ripple initiated the first transaction at 19:52 UTC on April 20 from wallet “rLB…gK3.” The address sent 50,000,000 XRP worth $71.5 million to the “Ripple (50)” wallet. The receiving wallet then consolidated its holdings to 121,500,000 XRP before executing further transfers.

Ripple Transfers 75M XRP as 50M Reach Coinbase Wallets

Later at 22:25 UTC, Ripple (50) moved 75,000,000 XRP valued at $107.25 million to wallet “rfR…8n8.” That address redistributed the entire balance within minutes. Between 22:48 and 22:50 UTC, it sent 15,000,000 XRP each to five separate wallets.

Those wallets included “rwt…rG9,” “rKN…L94,” “raZ…fCT,” “rLa…vcq,” and “rDK…ioc.” Each address received exactly 15,000,000 XRP from the distributing wallet. The transfers completed within a two-minute window.

50,000,000 XRP Reaches Coinbase Wallets as XRP Gains 4.9%

Subsequent movements directed part of the tokens toward Coinbase-controlled addresses. Wallet “rKN…L94” transferred 5,000,000 XRP to “rwt…rG9” at 00:58 UTC on April 21. The “rwt…rG9” wallet then sent its full 25,000,000 XRP balance to a Coinbase address.

Meanwhile, wallet “rLa…vcq” redirected 10,000,000 XRP to “rDK…ioc.” That address later moved 25,000,000 XRP to another Coinbase wallet. Records show that the same Coinbase wallet previously handled sales linked to Ripple Chairman Chris Larsen in July.

Two of the five wallets retained their allocations after the redistribution process. Wallet “raZ…fCT” kept its 15,000,000 XRP and held 16,460,000 XRP at press time. In total, 50,000,000 XRP reached two Coinbase wallets, while 25,000,000 XRP remained in separate addresses.

The transfers followed comments from Cardano founder Charles Hoskinson regarding Ripple’s business model. Hoskinson said, “Ripple sells large amounts of XRP each year from its pre-mined supply.” He added that the company uses proceeds to operate and fund deals.

Hoskinson also stated, “XRP holders do not have any ownership in Ripple or its assets.” He compared the structure to Tether and argued that earnings remain with the company. Ripple has not issued a public response regarding the latest transfers.

XRP recorded a 4.9% increase over the past seven days. The token traded at $1.43 at the time of reporting. Data showed XRP ranked as the top gainer among the ten largest crypto assets during that period.

The post Ripple Transfers 75M XRP as 50M Reach Coinbase Wallets appeared first on CoinCentral.

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