Glassnode Researcher Refutes Reports of XRP Exchange Supply Drop to 1.6 Billion

A researcher from blockchain analytics firm Glassnode disputed claims circulating online that the amount of XRP held on cryptocurrency exchanges has fallen sharply to 1.6 billion tokens.

XRP

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Terms & Concepts
  • Glassnode: A blockchain analytics company providing on-chain data and insights for cryptocurrencies.
  • XRP: The native digital asset used within the Ripple payment network for cross-border transactions.
  • Exchange Supply: The total amount of a cryptocurrency held in wallets associated with cryptocurrency exchanges, often used to gauge potential market liquidity.