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Coinbase Jumps to Third on XRP Rich List Amid Labeling Update

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Coinbase has risen to the third spot on the XRP Rich List after an update from blockchain explorer XRPScan revealed that 146 previously hidden Coinbase wallets had been labeled.

The sudden influx of tokens, initially reported as a record-breaking single-hour exchange inflow on September 8, 2026, was later confirmed to be simply a labeling update.

XRPScan's investigation showed that the tokens were already present in the Coinbase XRP wallets but had not been labeled by the blockchain explorer.

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