The XRP market has witnessed a silent yet significant development: major cryptocurrency exchanges, including Coinbase, are steadily amassing vast amounts of XRP. This revelation was brought to light by prominent crypto commentator Brett in a recent post on X, where he disclosed that these platforms now collectively hold over one billion XRP tokens — an amount that equates to more than 3.4% of the token’s circulating supply.

This quiet accumulation by trading giants raises intriguing questions about what could lie ahead for XRP, especially when the asset is seeing renewed interest from institutional investors and continues to draw closer attention in the regulatory sphere.

LATEST Coinbase and Other Exchanges Quietly Gathering #XRP: Billion Held, Big Changes Ahead Controlling Over 3.4% of Supply!$XRP pic.twitter.com/jYIeI5FXqd

— Brett (@Brett_Crypto_X) April 23, 2025

Exchanges Amass Billions in XRP Holdings

While most eyes in the crypto space remain fixed on Bitcoin ETFs and Ethereum’s market movements, XRP has been quietly reclaiming ground in terms of price stability and institutional involvement. Brett’s observation sheds light on a trend that might have missed: key centralized exchanges have significantly increased their XRP reserves, signaling strategic positioning ahead of potentially transformative market or regulatory shifts.

Coinbase, despite its complex history with XRP — including delisting the token during the SEC lawsuit against Ripple — appears to be among the platforms ramping up their holdings. The fact that these assets are being retained rather than offloaded into open markets suggests rising confidence among platforms that XRP could soon see a resurgence in demand, perhaps even ahead of ETF decisions or future utility integrations.

The Implications of Controlling 3.4% of XRP’s Circulating Supply

The accumulation of over one billion XRP by exchanges has significant implications for the market. This volume represents a notable percentage of the asset’s available supply and underscores how centralized entities may exert more influence over XRP’s liquidity and price dynamics than previously anticipated. Should these exchanges choose to deploy these assets in institutional products or custodial services, the impact on market depth and supply-side pressures could be profound.

Moreover, this level of control suggests exchanges may be preparing for heightened demand, possibly in anticipation of clearer regulatory guidance or new market products. The recent wave of ETF applications tied to XRP — with filings from Grayscale, 21Shares, Bitwise, and Franklin Templeton — hints at the possibility of XRP entering a new era of mainstream financial exposure. If approved, such products would necessitate significant XRP liquidity — a role these exchanges could strategically fulfill.

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A Shift in Sentiment and Strategy

This accumulation also reflects a deeper shift in sentiment toward XRP. Once the subject of controversy and uncertainty during the height of its legal battle with the U.S. Securities and Exchange Commission (SEC), XRP is slowly regaining institutional credibility. The landmark July 2023 ruling by Judge Analisa Torres, which confirmed that XRP is not a security when sold on public exchanges, marked a turning point.

With the SEC now dropping its appeal and the Ripple vs. SEC case paused for settlement discussions, there is renewed optimism around XRP’s regulatory clarity — a vital prerequisite for broader institutional adoption. As such, it’s no coincidence that exchanges are positioning themselves more aggressively in the XRP market. They may be preparing for a future where XRP becomes a core component of cross-border settlements, tokenized asset transfers, and regulated crypto investment vehicles.

Strategic Moves or Quiet Confidence?

Whether these XRP accumulations by Coinbase and its peers are a sign of upcoming product launches, hedging strategies, or simple conviction in XRP’s long-term value, one thing is clear: major players are no longer standing still.

As retail and institutional investors look to navigate the rapidly evolving crypto landscape, the movements of exchanges like Coinbase can serve as a powerful signal of what’s to come. With over a billion XRP quietly tucked away in these platforms’ reserves, the stage may be set for a significant revaluation in XRP price and position within the broader financial ecosystem.

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 urged to do in-depth 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.

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