#funding-rates

#funding-rates

XRP exchange balances tracked by Glassnode have dropped sharply, falling from 3.76 billion tokens in October 2025 to around 1.7 billion by February 2026. That represents roughly 55% reduction in four months. Coins are moving off exchanges at scale, and when liquid supply shrinks this much, there's less inventory available for panic selling. Still, a drop this size on tracked exchanges suggests long-term holders are accumulating-an XRP bottom formation signal worth watching.