The reduction of XRP cold wallets at Coinbase to ten is at the center of attention in the crypto community. Given the potential market impact and XRP price dynamics, analysts are expecting changes.
Current State of XRP Cold Wallets
According to @XRPwallets, Coinbase is down to its last 10 cold wallets holding XRP, following a gradual decrease from over 60 wallets in June 2025. On-chain reports show that the remaining wallets now hold about 16.5 million XRP each.
Price Fluctuations of XRP
XRP is currently experiencing notable price fluctuations. The asset is consolidating as it tests the lower Bollinger Band, hovering near the $2.702 mark, indicating a potential oversold condition.
Impact on Market Liquidity
The depletion of Coinbase's cold wallets could significantly impact XRP's liquidity. As the supply decreases, heightened market volatility may be anticipated, affecting both prices and trading behavior.
The situation surrounding Coinbase's XRP cold wallets indicates potential changes in the market. With the imminent depletion of remaining wallets, the crypto community is expecting possible price fluctuations in the coming days.
