XRP Supply Drops Massively On Exchanges. Here’s Why This Is Big News

$XRP Crypto analyst and investor Xaif Crypto reported that XRP holdings on centralized exchanges have seen a pronounced decline, based on on-chain data from Glassnode.

The data shows that exchange balances fell from approximately 3.95 billion XRP on 21 September to about 2.6 billion XRP on 27 November, a decline of more than 45% over the stated 60-day window.

These figures align with recent reports showing significant withdrawals and notable outflows from major exchange custodial addresses.