Total Number of XRPs Held on Exchanges Revealed
Analysis
Price Impact
LowThe revelation of xrp holdings on exchanges primarily highlights market structure and regional retail interest (south korea), rather than providing a direct catalyst for immediate price movement. while concentration can affect liquidity, the data itself doesn't offer a strong short-term bullish or bearish signal.
Trustworthiness
HighThe data presented is specific, naming major exchanges (upbit, binance, bithumb, uphold) and providing clear figures for their xrp holdings and market share. the source is u.today, a known crypto news outlet.
Price Direction
NeutralThe news focuses on the distribution and concentration of xrp across exchanges, particularly the significant dominance of south korean platforms and uphold's 'xrp-friendly' stance. while retail interest in korea is high, and etfs have launched, this information does not inherently signal an imminent price increase or decrease; it describes existing market conditions.
Time Effect
LongMarket structure, exchange dominance, and regional retail accumulation patterns are foundational elements that tend to influence price dynamics and stability over longer periods rather than causing immediate, sharp price fluctuations. the small but growing etf share is also a long-term factor.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News South Korean dominance XRP-friendly exchange XRP ETF share Advertisement According to recent data, the top four exchanges (Upbit, Binance, Bithumb, and Uphold) control the vast majority of the exchange-held supply. The combined market share of these four crypto giants stands at an enormous 80%. Together, they hold roughly 12.3 billion XRPs. There is also a drop-off after fourth place. There is a 1.1 billion difference between Uphold and Bitbank. HOT Stories Total Number of XRPs Held on Exchanges Revealed Crypto Market Prediction: Ethereum (ETH) Can See $3,000 Right There, This Is Where XRP Recovers, Solana (SOL) on Strongest Support in 2025 XRP Becomes Top-Traded Token on Major Exchange XRP Flips BTC, Ethereum and Solana in ETF Inflows, Bitcoin Hits 3,436% Liquidation Imbalance, Shiba Inu (SHIB) Price Sees Golden Cross — Crypto News Digest South Korean dominance The data shows that Upbit is the clear outlier. The South Korean exchange 2.5x more XRP than the world’s largest exchange, Binance. This is a known market phenomenon specific to XRP. In South Korea, XRP is exceptionally popular among retail investors. Advertisement This heavy accumulation is frequently linked to the Kimchi Premium. Binance is typically in first place for most assets, for XRP it sits firmly in second place. Its 21 wallets show a complex custody structure. The presence of Bithumb in third place clearly shows the Korean dominance. Combined with Upbit, these two South Korean exchanges alone control over 52% of the XRP represented on this list. Advertisement XRP-friendly exchange Uphold has historically positioned itself as an "XRP-friendly" exchange. It supported the asset during periods when other US exchanges delisted it due to SEC litigation. Hence, their high ranking is not even remotely surprising. In fact, as reported by U.Today, XRP was the most traded cryptocurrency on the exchange. XRP ETF share In the meantime, the share of the XRP supply controlled by exchange-traded products currently stands at only 1%. The percentage might not seem impressive, but these products have had successful launches. #XRP News