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 . XRP Supply on Exchanges Drops Over 45% in 60 Days Fresh data from Glassnode shows a major supply shift happening right now. From 3.95B XRP on Sept 21 to just 2.6B XRP on Nov 27, exchange balances have fallen by more than 45%. https://t.co/mICyZcZya9 pic.twitter.com/7GuriJFhNp — Xaif Crypto | (@Xaif_Crypto) November 28, 2025 Immediate interpretation of the supply shift The reduction in exchange reserves shown in the Glassnode data implies a substantial shift of tokens away from the liquidity normally available for immediate trading. Market participants often view this contraction in accessible XRP as a reduction in near-term sell pressure. Independent reports have noted comparable withdrawals and described the scale of these movements as unusual for typical retail activity. Market context and potential implications Analysts cited by multiple outlets have linked the exchange outflows to accumulation by large holders and to increased institutional interest following the introduction of spot-based investment vehicles . The decline in on-exchange supply reduces the immediate counterparty liquidity available to execute large market sell orders and, therefore, can alter the microstructure of order books. While reduced exchange reserves do not guarantee a specific price outcome, the shift changes the supply side of the market and may increase sensitivity to new demand. Caveats and data considerations The Glassnode metric represents balances linked to exchange address clusters and carries the usual limitations of on-chain clustering and address classification. Exchange reserves can shift quickly as platforms move assets between hot and cold wallets or when institutional activity relies on off-chain settlement. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 For this reason, short-term increases or decreases in reported balances should be viewed with an understanding that operational transfers may contribute alongside genuine accumulation. Several outlets that have cited the Glassnode data and similar metrics acknowledge these methodological limitations, yet still emphasize that the scale of the recent outflows is significant. The post highlights a substantial decline in XRP held on exchanges as shown in the Glassnode data. The drop from 3.95 billion to 2.6 billion units over 60 days marks a meaningful change in available exchange liquidity. Analysts will keep observing upcoming balance reports and trading-volume indicators to determine whether this contraction persists and how it may align with future demand. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Supply Drops Massively On Exchanges. Here’s Why This Is Big News appeared first on Times Tabloid .
