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89M XRP moved to Coinbase ahead of US inflation data sparks market speculation

Market News
13 Apr 2026
UToday
View Source
Neutral
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A large transfer of 89 million XRP worth $119 million to Coinbase has drawn attention ahead of the US Producer Price Index (PPI) release on April 14. While such large inflows often signal potential sell-offs, this move may also represent strategic liquidity positioning or preparation for limit orders rather than immediate selling. XRP is currently holding steady around $1.32, and the impact on price may be limited unless significant market shifts occur following the inflation data. The transfer highlights market tension as investors await key economic indicators that could influence risk sentiment and interest rate decisions.

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