{"id":63132,"date":"2025-12-11T19:01:31","date_gmt":"2025-12-11T19:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=63132"},"modified":"2025-12-11T19:01:31","modified_gmt":"2025-12-11T19:01:31","slug":"xrp-exchange-balances-just-set-a-brand-new-record-since-its-launch","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=63132","title":{"rendered":"XRP Exchange Balances Just Set A Brand-New Record Since Its Launch"},"content":{"rendered":"<div>\n<p>New reports reveal that XRP exchange balances have experienced an uncharacteristic decline in recent weeks, recording a brand new low since the cryptocurrency\u2019s launch in June 2012. While <a href=\"https:\/\/bitcoinist.com\/validator-xrp-price-crash\/amp\/\" target=\"_blank\" rel=\"noopener \">XRP\u2019s price action has posted notable losses<\/a> this year, the decline in exchange-held tokens appears to be much greater.<\/p>\n<h2>XRP Supply On Exchanges Falls To Historic Lows<\/h2>\n<p>Crypto market expert Chad Steingraber drew attention this week to fresh data from Glassnode, highlighting an unusual divergence in XRP\u2019s market behavior. The analytics firm<a href=\"https:\/\/studio.glassnode.com\/charts\/distribution.BalanceExchangesAll?a=XRP&amp;category=Exchanges\" target=\"_blank\" rel=\"noopener nofollow\"> shared<\/a> a chart tracking the amount of <a href=\"https:\/\/www.newsbtc.com\/xrp-news\/xrp-reserves-on-binance-collapse-to-record-lows-investors-move-toward-long-term-holding\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">XRP held on crypto exchanges<\/a> alongside the asset\u2019s market price.\u00a0<\/p>\n<p>According to Steingraber, the chart\u2019s readings<a href=\"https:\/\/x.com\/chadsteingraber\/status\/1998437407075537058?s=46\" target=\"_blank\" rel=\"noopener nofollow\"> show<\/a> that exchange balances have fallen well below the <a href=\"https:\/\/bitcoinist.com\/xrp-price-trapped-bearish-structure\/amp\/\" target=\"_blank\" rel=\"noopener \">XRP\u2019s price structure<\/a> for the first time since the cryptocurrency\u2019s inception. Glassnode highlighted XRP\u2019s exchange supply with a green line on the chart and its price with a black line. At the start of the year, the supply on exchanges was around 3.8-4 billion XRP. However, through the middle, reserves gradually trended downward but mostly stayed within the 3.2-3.6 billion range.\u00a0<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-643727\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/12\/XRP-chart-from-Chad-Steingraber-.jpg?w=512&amp;resize=512%2C283\" alt=\"XRP\" width=\"512\" height=\"283\"><\/p>\n<p>Notably, a Glassnode chart<a href=\"https:\/\/x.com\/chartnerdta\/status\/1998525990000275945?s=46\" target=\"_blank\" rel=\"noopener nofollow\"> shared<\/a> by crypto analyst ChartNerd reveals that <a href=\"https:\/\/bitcoinist.com\/149-million-xrp-exit-exchanges\/amp\/\" target=\"_blank\" rel=\"noopener \">XRP exchange balances dropped<\/a> sharply from around 3.95 billion XRP to 2.6 billion XRP from November to December 2025. About 1.35 billion XRP was removed from public order books recently, representing a staggering 45% decrease in under 60 days.\u00a0<\/p>\n<p>Usually, exchange supply and price move together without significant divergence because the former tends to influence <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/is-bitcoin-ready-to-pop-analyst-warns-of-sell-side-liquidity-squeeze-as-whales-take-over\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">sell-side liquidity<\/a>, which, in turn, can affect market movements. When more XRP is held on these crypto platforms, traders have a larger pool of tokens to sell, which can <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-price-under-pressure-2-0\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">increase market pressure<\/a>.\u00a0<\/p>\n<p>Conversely, when reserves shrink, it often signals that <a href=\"https:\/\/www.newsbtc.com\/altcoin\/300-million-worth-of-xrp-on-the-move-where-are-they-headed\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">investors are withdrawing their assets<\/a>, either for long-term storage or profit-taking after recent price moves. While the vast gap between XRP\u2019s exchange balances and its price action raises concerns, whales have reportedly been <a href=\"https:\/\/www.newsbtc.com\/xrp-news\/xrp-selloff-whales-shed-coins-worth-1-billion-week\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">selling off their holdings<\/a> amid ongoing market volatility and as prices struggle to stage a meaningful rebound.<\/p>\n<h2>Glassnode Reports Massive Collapse In Daily XRP Fees<\/h2>\n<p>In addition to the collapse in XRP exchange balances, Glassnode\u2019s data<a href=\"https:\/\/x.com\/glassnode\/status\/1998952150244995291?s=46\" target=\"_blank\" rel=\"noopener nofollow\"> shows<\/a> a steep drop in the cryptocurrency\u2019s network activity, with average total fees falling dramatically. Since early February, the 90-day SMA of daily fees paid has<a href=\"https:\/\/studio.glassnode.com\/charts\/fees.VolumeSum?a=XRP&amp;c=native&amp;chartStyle=column&amp;mAvg=90&amp;s=1600473600&amp;u=1765411200&amp;zoom=\" target=\"_blank\" rel=\"noopener nofollow\"> decreased<\/a> from about 5,900 XRP to only 650 XRP. This marks an estimated 89% drop and brings activity to its lowest point since December 2020.\u00a0<\/p>\n<p>The decline in daily fees suggests a cooling in on-chain demand for XRP transactions, even as <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-price-weakens-2-050\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">the price has remained weak<\/a> amid broader market uncertainty. The cryptocurrency is currently trading around $2.00, reflecting a 7.7% weekly decline and a much larger 18% crash over the past month, according to CoinMarketCap.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/3oAcvWiQ\/\" alt=\"XRP\" width=\"2108\" height=\"1440\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New reports reveal that XRP exchange balances have experienced an uncharacteristic decline in recent weeks, recording a brand new low since the cryptocurrency\u2019s launch in June 2012. While XRP\u2019s price action has posted notable losses this year, the decline in exchange-held tokens appears to be much greater. XRP Supply On Exchanges Falls To Historic Lows [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-63132","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63132"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63132\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}