On February 22, last week Whale Alert detected 5 large XRP XRP -0.33% transactions with a total transfer of 208.6 million XRP tokens, two of which were conducted by the cryptocurrency exchange Coinbase, which transferred a total of 88.6 million XRP , while the other three transactions were conducted by Bittrex, Mexican crypto unicorn Bitso and Europe’s Bitstamp.
Coinbase’s large XRP transfers have led some members of the crypto community to speculate that the exchange is preparing to resume XRP trading and sparked a lot of discussion on Twitter after Coinbase was suspended in January 2021 due to the SEC lawsuit against Ripple Trading business with XRP.
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