XRP Exchange Balances Just Set A Brand-New Record Since Its Launch

bitcoinistPubblicato 2025-12-11Pubblicato ultima volta 2025-12-11

Introduzione

Recent data from Glassnode reveals that XRP exchange balances have hit a record low since the cryptocurrency's launch in 2012, dropping sharply from around 3.95 billion XRP in November 2025 to 2.6 billion XRP by December—a 45% decrease in under 60 days. This decline suggests investors are withdrawing tokens from exchanges, potentially reducing sell-side liquidity. Despite the drop in supply, XRP’s price has remained weak, trading around $2.00 with significant monthly losses. Additionally, on-chain activity has cooled, with daily fees plunging 89% since February, reaching their lowest level since December 2020. The divergence between exchange balances and price action highlights unusual market behavior amid ongoing volatility.

New reports reveal that XRP exchange balances have experienced an uncharacteristic decline in recent weeks, recording a brand new low since the cryptocurrency’s launch in June 2012. While XRP’s price action has posted notable losses this year, the decline in exchange-held tokens appears to be much greater.

XRP Supply On Exchanges Falls To Historic Lows

Crypto market expert Chad Steingraber drew attention this week to fresh data from Glassnode, highlighting an unusual divergence in XRP’s market behavior. The analytics firm shared a chart tracking the amount of XRP held on crypto exchanges alongside the asset’s market price.

According to Steingraber, the chart’s readings show that exchange balances have fallen well below the XRP’s price structure for the first time since the cryptocurrency’s inception. Glassnode highlighted XRP’s exchange supply with a green line on the chart and its price with a black line. At the start of the year, the supply on exchanges was around 3.8-4 billion XRP. However, through the middle, reserves gradually trended downward but mostly stayed within the 3.2-3.6 billion range.

Source: Chart from Chad Steingraber on X

Notably, a Glassnode chart shared by crypto analyst ChartNerd reveals that XRP exchange balances dropped sharply from around 3.95 billion XRP to 2.6 billion XRP from November to December 2025. About 1.35 billion XRP was removed from public order books recently, representing a staggering 45% decrease in under 60 days.

Usually, exchange supply and price move together without significant divergence because the former tends to influence sell-side liquidity, which, in turn, can affect market movements. When more XRP is held on these crypto platforms, traders have a larger pool of tokens to sell, which can increase market pressure.

Conversely, when reserves shrink, it often signals that investors are withdrawing their assets, either for long-term storage or profit-taking after recent price moves. While the vast gap between XRP’s exchange balances and its price action raises concerns, whales have reportedly been selling off their holdings amid ongoing market volatility and as prices struggle to stage a meaningful rebound.

Glassnode Reports Massive Collapse In Daily XRP Fees

In addition to the collapse in XRP exchange balances, Glassnode’s data shows a steep drop in the cryptocurrency’s network activity, with average total fees falling dramatically. Since early February, the 90-day SMA of daily fees paid has decreased from about 5,900 XRP to only 650 XRP. This marks an estimated 89% drop and brings activity to its lowest point since December 2020.

The decline in daily fees suggests a cooling in on-chain demand for XRP transactions, even as the price has remained weak amid broader market uncertainty. The cryptocurrency is currently trading around $2.00, reflecting a 7.7% weekly decline and a much larger 18% crash over the past month, according to CoinMarketCap.

XRP trading at $2.01 on the 1D chart | Source: XRPUSDT on Tradingview.com

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Ray Dalio, founder of Bridgewater Associates, warns in an interview that the current AI boom shows classic bubble characteristics, which could lead to significant economic downturns as seen in past cycles like 1929 or 2000. He explains that speculative enthusiasm, fueled by debt and overvaluation, often precedes a crash when rising rates or taxation force asset sales, causing widespread losses and recession. Dalio also outlines his "Big Cycle" theory, describing an approximate 80-year pattern where widening wealth gaps, massive government deficits, and shifting geopolitical power (like China's rise) create internal conflict and global instability. He emphasizes that we are in a late-cycle, transitional phase where traditional powers like the US and UK face decline. For personal wealth protection, Dalio advises diversification beyond cash into assets like stocks, bonds, real estate, and particularly gold, which he prefers over Bitcoin. While he holds about 1% of his portfolio in Bitcoin as a non-printable hard asset, he views gold as more secure from technological or governmental threats. Regarding AI's impact, Dalio believes it will disproportionately benefit capital owners, worsening inequality by replacing both physical and cognitive labor. He suggests that human intuition and emotional intelligence, combined with AI, will be key for future workers. On taxation, Dalio argues that wealth taxes are impractical and risk triggering asset sell-offs, reducing productive investment. He points to the UK as a cautionary example of debt, low productivity, and political strife. Geopolitically, Dalio foresees a more regionalized world, with the US showing weakness in prolonged conflicts like with Iran, akin to past imperial declines. The ideal outcome, he suggests, is coexisting powerful blocs (e.g., Americas, China-Asia Pacific) without major war.

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In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

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Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

South Korean stock market sees a dramatic shift in fund flows. On July 31, foreign investors made a record net purchase of approximately KRW 7.2 trillion in KOSPI stocks, marking a fundamental reversal from the persistent large-scale net outflows seen in previous months. This contributed to a significant narrowing of foreign net selling in July to KRW 9.8 trillion, down sharply from KRW 48.4 trillion in June and KRW 44.5 trillion in May. Simultaneously, domestic institutional pressure eased. South Korean pension funds and asset managers turned to a net buying position in July, purchasing KRW 1.0 trillion worth of KOSPI shares, contrasting with net sales in May and June. Market volatility is expected to be dampened by new financial regulations. Effective July 31, the Financial Services Commission tightened access for retail investors to single-stock leveraged ETFs by raising the minimum cash deposit requirement. Trading volumes for these products subsequently dropped to about 50% of their monthly average. Citigroup Research maintains its year-end KOSPI target of 10,000 points. The firm cites several supportive factors: the substantial easing of headwinds from capital outflows, a robust fundamental outlook for the semiconductor sector, historically low market valuations, strong economic fundamentals, and the potential for policy support from financial authorities if needed.

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Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

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Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

The article discusses using dice rolls to generate secure Bitcoin wallet seeds, providing entropy independent of potentially flawed hardware random number generators. It explains that each fair dice roll offers about 2.585 bits of entropy, with around 50 rolls needed for a standard 12-word seed phrase and 99+ recommended for higher security. This method gained attention after a vulnerability was revealed in some Coldcard hardware wallets, where a faulty firmware RNG (dating back to 2021) compromised generated keys. The analysis notes that while a dice-generated main seed was safe from this specific flaw, other Coldcard functions (like creating paper wallets, backup keys, or passwords) could still be vulnerable if they used the defective RNG. The piece argues that while dice-based entropy is technically robust, the manual process is error-prone, tedious, and unrealistic for most new users, who might make mistakes in recording or inputting rolls. It concludes that while manual entropy generation should remain an option for advanced users, the long-term goal is to develop reliable, user-friendly hardware and software that securely generates randomness without requiring specialized knowledge. Coldcard users are advised to check their firmware version and replace any secondary secrets (like paper wallet keys) created with vulnerable devices, while also considering multi-signature setups with devices from different manufacturers for added security.

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