XRP exchange balances drop from roughly 12.9B to 11B since April as about 1.6B tokens exit in two weeks
AI Market Summary
On-chain and custody data suggest a notable reduction in XRP's readily tradable float: roughly 1.6B XRP reportedly exited exchanges over two weeks, with exchange balances down from ~12.9B to ~11B since April. Concurrently, spot XRP ETFs are said to hold ~1.16B tokens, further shifting supply into longer-term vehicles. Lower exchange inventory can tighten near-term liquidity and amplify sensitivity to demand flows.
Impact level
● Medium
Affected assets
XRP/USDT+1.59%
AI Insight · XRP/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
XRP supply dynamics have shifted, with data showing about 1.6B XRP leaving exchanges over the past two weeks. Since April, total XRP held on exchanges has fallen from roughly 12.9B to 11B. Over the same period, spot XRP ETFs have accumulated around 1.16B tokens, moving supply away from venues where it can be sold immediately.
