The XRP Rich List Bot reported a 4,870.7% surge in Coinbase’s XRP balance, bringing it to 5,569,165,957 XRP. XRPScan clarified that this increase was not due to a new XRP purchase by Coinbase, but rather an update to its wallet identification system that labeled 146 previously unidentified Coinbase wallets. This consolidation propelled Coinbase to the third position on the XRP rich list with a total balance of 5,683,635,165 XRP representing 5.684% of the total supply. Ripple leads with 3,781,131,458 XRP, followed by Upbit with 6,416,060,312 XRP and Binance in fourth position with 2,608,237,482 XRP.
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