Coinbase XRP Balance Surges 4,870% Amid Wallet Update
XRP (XRP)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Coinbase’s XRP balance surged 4,870% to more than 5.5 billion XRP within an hour, sparking speculation that the exchange had received billions of dollars in new tokens. XRPScan later clarified that no new transfer occurred, noting the increase resulted from a wallet identification update that added 146 previously unlabeled Coinbase wallets to the exchange’s list. The post Coinbase Ranks Third in XRP Rich List appeared first on Coinpedia Fintech News. This adjustment explained the apparent spike without any actual movement of funds.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 9 September 2026. Not the outlet's figures.
XRP is trading at $1.42 with a 1-hour buy ratio of 53.7% and a 4-hour buy ratio of 52.7%, both slightly higher than the 24-hour buy ratio of 50.4%. This indicates that buying pressure is building in the short term relative to the daily average. The volume delta shows +$629,419 over the last hour and +$1,697,445 over the last four hours, reflecting net inflows. Volume delta measures the difference between buy and sell volume, so positive figures mean buyers are currently outweighing sellers. Over 24 hours, the volume delta is +$1,697,464, with a cumulative CVD of +$10,154,066, confirming sustained net buying activity.
The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for XRP, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.6%, making the current 24-hour ratio of 50.4% nearly identical to the weekly norm. The spot volume of $186,534,081 over 24 hours is 1.08x the weekly average, indicating slightly elevated activity. While there were 4 days of net buying in the last 7 days, today’s flow aligns closely with the broader weekly trend. The price has risen +4.8% over the last 8 days, with a total volume delta of +$19,317,887. This suggests the current trading session is an ordinary day for the coin, with no significant deviation from recent patterns.