Report reveals the top 3 exchanges holding 1 billion to 3 billion XRP

Coinbase’s XRP wallets have dropped from 53 to 6 in a month, with about 1 billion XRP likely to be transferred to institutional investments, such as BlackRock’s Aladdin Partnership or ETF. Binance, Upbit and Bithumb remain the main exchanges holding between 1 billion and 5 billion XRP, while other exchanges have a holding of 300 million or less. Upbit’s 5 billion XRP may be transferred soon.