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XRP's 63 billion circulating tokens don't fully reflect actual sellable supply
XRP's approximately 63.09 billion circulating supply, as reported by CryptoSlate on Oct. 8, provides a scale for the market, but the actual quantity available for sale depends on sell orders and price tolerance. According to ledger-data tracker XRP Insights, 21.97 billion XRP were held in exchange-attributed wallets as of 08:00 UTC on Oct. 8. These balances include pooled customer assets and cold storage. Additionally, Bitwise's XRP fund held about 419.96 million XRP on Oct. 6, and Franklin XRPZ held about 295.83 million on Oct. 5, with these fund holdings restricting direct access for ordinary investors.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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