XRP Exchange Reserves Decline as Upbit Holds 6.4 Billion XRP Near Early-Summer Highs
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XRP exchange reserves on three top CEXs have declined by about 240 million XRP since late May/early June, indicating reduced sell-side availability in the crypto market. South Korean exchanges dominate holdings, with Upbit alone holding roughly 6.4 billion XRP near early-summer highs, a concentration that could tighten liquidity and affect price dynamics.
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XRP reserves across three top crypto exchanges have declined by roughly 240 million XRP since late May and early June, according to CryptoQuant author Amr Taha. Despite the decline, South Korean exchanges continue to account for the overwhelming majority of XRP held across the tracked platforms.
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In This News
Coins
$ 77.58K
+6.65%$ 1.41
+6.92%Predictions Markets
See what traders are focused on
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