XRP's 63B circulating supply doesn't reflect actual sell-side liquidity
- —XRP circulating supply stood at 63.09 billion on Oct. 8, per CryptoSlate
- —699 public wallets across 24 exchanges held 21.97 billion XRP
- —XRP/USDT order book depth on Binance was about $2.4 million within +2%
- —Bitwise and Franklin Templeton together held 715.79 million XRP
Why it matters: Investors should distinguish supply metrics from actual liquidity: exchange balances do not show how many coins are listed for sale.
Source: TokenPost