Coinbase Holds Around 132 Million XRP; Outflows May Reflect BlackRock Aladdin Client Allocations
The post Coinbase Holds Around 132 Million XRP; Outflows May Reflect BlackRock Aladdin Client Allocations appeared on BitcoinEthereumNews.com.
Coinbase currently holds roughly 132 million XRP in cold storage across eight wallets, as on-chain analytics by @XRPwallets show. This decline from prior hundreds of millions coincides with Coinbase’s institutional integration with BlackRock’s Aladdin, likely shifting custody or access for large institutional clients. 132 million XRP remains on Coinbase Decrease from ~200M last week and ~750M previously, per on-chain data Coinbase–BlackRock Aladdin integration may explain institutional redistribution XRP at Coinbase now ~132M in cold storage; learn why this drop matters and what BlackRock’s Aladdin integration implies. Read analysis and next steps. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); How many XRP remain at Coinbase? XRP at Coinbase currently totals about 132 million tokens, held across eight cold wallets with roughly 16.5 million XRP each, according to on-chain analytics from @XRPwallets. This marks a sharp fall from earlier reported balances of ~200 million and a prior ~750 million. Is the decline in Coinbase XRP linked to BlackRock’s clients? On-chain observers and industry analysts suggest the drop may be related to Coinbase’s integration with BlackRock’s Aladdin platform. Coinbase is reportedly enabling Aladdin institutional clients to access crypto, which could shift custody arrangements and reduce on-exchange cold holdings. Aladdin initially offered institutional Bitcoin access in August and is documented in industry reporting as expanding crypto product support over time. This institutional flow could explain redistributed XRP without indicating liquidation. What does…
