Leonidas|Jan 01, 2026 19:44
1/ Supply shock narrative:
Glassnode data of XRP on exchanges is off by ~ 14B (1.6B compared 16B)
However, XRP on exchanges since October 2025 has dropped
CryptoQuant, a data analytics website: total XRP holdings on 11 exchanges since October 2025 is down by ~ 400m in 3 months (Leonidas)
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