XRP Exchange Balances Decline Amid ETF Accumulation
- XRP balances on centralized exchanges have fallen to approximately 1.5 billion XRP, the lowest in over a year.
- The decline in exchange-held XRP is occurring alongside accumulation by newly launched Spot XRP ETFs, which have absorbed about 750 million XRP since November.
- XRP’s market cap currently stands at $113 billion, with its price compressing into the $1.90 to $2.00 range after a decline from mid-2025 highs near $3.50.
On-chain data reveals a significant reduction in XRP supply on exchanges, driven by increased demand from Spot ETFs, potentially altering future price dynamics as the available liquid supply decreases.
The ongoing reduction in exchange balances suggests reduced sell pressure and heightened sensitivity to demand changes, setting the stage for potential bullish momentum as we approach early-2026. (Source)
