XRP is back in the spotlight after reports of whales shifting 581 million tokens ahead of a key ETF milestone. At the same time, MAGACOIN FINANCE is catching retail attention, with thousands of new buyers calling it a hidden gem priced under $0.0005.
Whales Move 581M XRP in Weeks
Fresh data shows that Coinbase reserves dropped by nearly 70%, cutting its XRP holdings from 780 million to just 199 million within weeks. This equals around 581 million tokens, or close to $1.7 billion.
Market watcher Stern Drew claims the speed looked unusual. He pointed to transactions during low-volume trading hours, with flows scattered across wallets to mask activity.
Drew even suggested that some of these outflows ended up with BlackRock custodial services or moved to Asian desks just before Ripple’s expansion announcements.
Some observers argue this could be less about market dumping and more about institutional transfers. Coinbase has existing links with BlackRock through its Aladdin platform, which makes it possible that tokens were shifted into custody accounts for larger players.
Still, the scale of the reduction has many traders observing, as XRP holds above $3..
XRP ETF Debut Sets Records
The REX-Osprey XRP ETF (XRPR) launched this week and recorded $37.7 million in day-one trading volume, making it the biggest U.S. ETF debut of 2025 by natural volume. Bloomberg analyst Eric Balchunas confirmed that no other fund this year has started with such numbers.
The ETF gives investors regulated exposure to XRP, with 80% allocated to the asset and the rest in futures, Treasuries, and money market funds. Its sister DOGE ETF also performed well, ranking in the top five ETF launches of the year.
This comes as institutional appetite continues to grow. CME’s XRP futures have already crossed $1 billion in open interest, a milestone reached faster than any other crypto contract on the exchange.
Analysts now wait for the SEC’s October deadlines, with more than ten new XRP ETF filings under review. Approval odds are estimated at 95%, which could shape the next big wave of inflows.
MAGACOIN FINANCE: Hidden Gem Under $0.0005
Away from XRP, many retail buyers are turning toward MAGACOIN FINANCE, a new altcoin drawing headlines for its rapid community growth. Priced under $0.0005, traders see it as an easy entry point, with whispers of CEX and DEX listings adding fuel.
Reports say over 18,000 investors have joined recently, driven by FOMO and the search for the next 50x play.
What sets it apart is its agility, as many believe it can move faster than XRP, and its focus on safety and legitimacy. With the buzz spreading quickly, early buyers are eyeing it as a fresh opportunity in the altcoin space.
Final Thoughts
XRP’s whale movements and ETF buzz have created a lively market backdrop. Traders looking beyond XRP are already positioning in MAGACOIN FINANCE, a project many are calling a hidden gem. Those who want to catch the wave early can explore it directly through the official links:
- Website: https://magacoinfinance.com
- X: https://x.com/magacoinfinance
- Telegram: https://t.me/magacoinfinance
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.