Abs Nassif, host of the Good Morning Crypto podcast, reported on September 19 that Coinbase now holds only two wallets containing a combined 32.8 million XRP. He stated that this represents a 95% drop since June 5, when Coinbase held 970 million units. This steep reduction shows how quickly institutional and retail buyers have been acquiring XRP. The sharp decline in exchange wallets from 970 million to 32.8 million units indicates a substantial outflow of tokens, signaling a significant shift in available liquidity that traders and analysts closely monitor. BREAKING: COINBASE IS DOWN TO 2 WALLETS W/ 32.8 MILLION $XRP ! THIS IS 95% DOWN SINCE JUNE 5, WHEN COINBASE HAD 970 MILLION UNITS! https://t.co/yE4W7vMutn — Good Morning Crypto (@AbsGMCrypto) September 19, 2025 Shrinking Supply Creates Pressure A rapid reduction in available supply on a major exchange changes the market dynamic. When large amounts of XRP leave centralized platforms, it becomes more difficult for new buyers to obtain large quantities at stable prices. This effect can create upward price pressure if demand remains steady or increases. The size and speed of Coinbase’s XRP decline suggest strong ongoing demand across multiple investor categories. Although some of these assets could be moving into custody solutions, wallets controlled by whales and long-term investors, the immediate effect on the exchange’s order books is reduced supply. Such a situation often gives confidence to traders expecting higher prices, especially when major exchanges show sustained outflows over time. Supply Shocks in Digital Assets Supply shocks occur when a sudden or sustained change in available quantity disrupts normal market conditions. In the case of XRP, a 95% reduction of exchange reserves over a few months fits this pattern. If buyers continue to acquire XRP while exchanges hold limited amounts, the resulting scarcity can push prices higher. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Market participants view this as a sign of accumulation, where holders plan to retain assets rather than trade them quickly. Historically, in cryptocurrency markets, significant outflows from exchanges have correlated with price increases, as coins become less available to meet demand. XRP’s current situation aligns with that trend, and some believe a supply shock is inevitable , making it a focal point for investors tracking exchange flows. Potential Benefits for XRP Holders If the current rate of XRP accumulation continues, the reduced exchange reserves could set the stage for stronger pricing. As liquidity tightens, it may force buyers to pay more to acquire the same amount of XRP. For holders, this can translate into notable gains if market conditions support continued demand. 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. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP on Coinbase Plunges 95%. Here’s The Implication appeared first on Times Tabloid .
