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Coinbase's XRP holdings spike due to wallet reclassification, not new purchases, clarifies blockchain data.

Market News
09 Sep 2026
Tokenpost
View Source
Neutral
Coinbase's XRP holdings spike due to wallet reclassification, not new purchases, clarifies blockchain data.

Coinbase's reported XRP holdings surged by 5.5 billion tokens on September 8, but this was due to reclassification of previously unidentified wallets, not an actual inflow or purchase. Blockchain explorer XRPScan confirmed the change reflected updated wallet labels, moving tokens from unknown to Coinbase accounts. This update improves transparency but does not indicate increased buying or affect Ripple's escrow schedule. Investors should view the 5.68 billion XRP as Coinbase's custody and customer inventory, not new demand.

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T2 Metals hires AI firm Geomorphic to enhance copper exploration at Cora Project in Arizona.

T2 Metals hires AI firm Geomorphic to enhance copper exploration at Cora Project in Arizona.

T2 Metals Corp. has engaged Geomorphic AI to conduct an AI-supported review of drill targets at its 100%-owned Cora Copper Project in Arizona, a region known for significant copper deposits. The project lies near major copper mines and has historical...

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Inflection completes 92 drill holes at Trangie, advances geophysical surveys at Endurance for gold-copper exploration

Inflection completes 92 drill holes at Trangie, advances geophysical surveys at Endurance for gold-copper exploration

Inflection Resources has finished 92 air core drill holes totaling 16,434 meters at its Trangie Project in New South Wales, revealing promising signs of gold-copper mineralization. The company also completed a gravity survey and started an IP-MT geop...

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VIAVI unveils advanced data center testing tech for AI and quantum networks at ECOC 2026.

VIAVI unveils advanced data center testing tech for AI and quantum networks at ECOC 2026.

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CGI acquires Callibrity to boost AI and digital services in Cincinnati market.

CGI acquires Callibrity to boost AI and digital services in Cincinnati market.

CGI, a major global technology and professional services firm, has acquired Callibrity, a Cincinnati-based technology consulting company, to enhance its capabilities in enterprise AI, platform engineering, and digital product development. The acquisi...

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Health In Tech named among top 100 U.S. mid-market companies for innovation and sustainability

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Health In Tech, an AI-driven InsurTech platform, was recognized by Newsweek as one of America's Greatest Mid-Market Companies 2026. The company ranked among the top 100 out of approximately 4,300 U.S. public mid-market firms based on financial streng...

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