So, it turns out, Binance and Coinbase aren’t exactly the big shots they think they are. At least not in the world of XRP holdings. Shocking, right? I mean, they are *massive* in the crypto world, but when it comes to XRP? Eh, not so much.
Who Holds the Most XRP?
So here’s the deal. Upbit, this big South Korean exchange, is sitting at the top with a jaw-dropping 6.038 billion XRP. Yeah, billion. Not million, billion. Binance is way down at number two with 2.735 billion XRP (still a lot, but really, number two?), and Coinbase? Well, they’re not doing much better, sitting at number five with a humble 780.13 million XRP. Ouch.
Now, if you’re wondering where the rest of the players are, don’t worry. The list also includes exchanges like Bithumb, Bitbank, Coincheck, Etoro, and Crypto.com. Sounds like a great time, doesn’t it?
Top 10 Exchanges XRP holdings
1. Upbit 6.038B🔽
2. Binance 2.735B
3. Uphold 1.907B⬆️
4. Bithumb 1.635M
5. Coinbase 780.13M⏬
6. Bitbank 588.37M
7. Coincheck 564.19M
8. Etoro 503.79M
9. Cryptocom 388.98M🔽
10. ✅Coinone 299.6M (New)…..❌ SBI VC 54.08M (sent to Bitgo Init.)
So there you go, folks. The crypto world isn’t all sunshine and rainbows. Some exchanges are hoarding *way* more XRP than others. And no, Binance and Coinbase are not exactly in the top positions. Surprise!
Coinbase Makes a Move… Maybe
Hold onto your hats. Two hours ago, some big moves were spotted by blockchain detective Whale Alert. Looks like Coinbase just sent a *ridiculous* amount of XRP. We’re talking 50,527,326 XRP and 50,520,869 XRP—totally worth around $230.8 million. Big numbers, huh? But here’s the kicker: those wallets were anonymous, so we really have no idea where this crypto is going. Typical.
Coinbase 14 to Coinbase 6 (Internal Coinbase transaction)
Of course, @XRPwallets chimed in, saying the first transaction was just an internal transfer between Coinbase wallets. So basically, Coinbase sending XRP to itself. How very efficient. The second batch, though? That came from a Bitstamp sub wallet. No idea why, but hey, it’s all part of the mystery, right?
Bitstamp Sub wallet to Coinbase 14 (related to preceding Whale Alert after this one)
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2025-07-08 17:26