Where is all the $XRP going? 👀🧩

I compared the movements of the large wallet from September 21 → December 14, 2025… and the flows tell us a very exciting story.

Key changes in the wallet during this period 👇

1. Ripple: -1.909B XRP

2. Unknown wallets: +1.642B XRP

3. Upbit: +383M XRP

4. Binance: -342M XRP

5. Bithumb: +167M XRP

6. Offload: -47M XRP

7. Larson: unavailable

Now let's connect the dots 🧠

🐼 Ripple is not just "selling" — it seems there is an organized distribution

• A portion of the supply is clearly heading to exchanges (liquidity)

• A much larger portion is flowing to "unknown" wallets (likely for custody/centralization)

🐼 Escrow accounts are important

About 300M XRP were issued × 3 times = ~900M XRP

However, the total outflow from Ripple wallets is ~1.9B XRP

This leaves ~1B XRP transferred out of visible escrow releases during this period.

🐼 ETF custody theory 👀

About 669M XRP are reported to be held for immediate ETFs

More logical storage? Unknown wallets.

And during the same period, unknown wallets gained +1.642B XRP.

This doesn't seem random.

It looks like there is quiet centralization while retail argues about the noise.

I personally hold XRP and monitor these flows closely 🐼

Stay tuned for clean on-chain analyses and don’t miss the upcoming updates.

Click here to buy 👉$XRP

#Xrp🔥🔥 #BinanceBlockchainWeek #TrumpTariffs #CPIWatch #BTCVSGOLD