Coinbase appeared to record a 4,870.7% increase of 5,569,165,957 XRP after XRPScan identified and labeled 146 previously unrecognized Coinbase-linked wallets. XRPScan said the tokens were already held across Coinbase-associated addresses and that the change was a reclassification, not a purchase, institutional inflow or new exchange deposit. The update lifted Coinbase's recorded balance to 5,683,635,165 XRP across 152 accounts, placing it third among identified entities on the XRP rich list. Such balances generally represent pooled customer and operational funds, so the figure reflects Coinbase's XRP custody footprint rather than evidence of a proprietary 5.68 billion XRP investment. Coinbase's disclosed cbXRP reserve totals about 123.96 million XRP backing wrapped cbXRP on Base, a separate and substantially smaller pool that should not be combined with native XRP Ledger balances. XRP traded near $1.43, up roughly 2.7% over 24 hours and more than 7% over seven days, amid an improved regulatory backdrop.