XRP supply tightens as whales drive accumulation

XRP supply on exchanges has dropped sharply as whales and investors withdraw over 7 billion tokens since February, signaling strong accumulation and reduced sell pressure. Wallet growth and daily accumulation point to long-term holding.

Recent reports indicate a significant tightening in XRP supply, primarily due to large-scale withdrawals from exchanges and increased accumulation by major holders. Since February, more than 7 billion XRP have been moved off exchanges, marking the largest monthly outflow since November 2025. This suggests a shift toward long-term holding, as whales and mid-sized wallets—those holding between 1,000 and 100,000 XRP—have reached an all-time high of 1.1 million addresses. In early April, daily accumulation by large holders averaged around 11 million XRP. Exchange balances have declined by over 3 billion tokens in the past 14 months, reducing immediate sell pressure and tightening the liquid supply. These developments align with increased institutional interest, spot XRP ETF inflows, and growing retail participation. Analysts suggest that the combination of rising demand and shrinking supply could amplify price sensitivity and set the stage for potential price movements.