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Binance and Coinbase among the largest XRP holders – see full top 10 list
A recent report has revealed that two of the most well-known cryptocurrency exchanges, Binance and Coinbase, are not only holding large amounts of XRP but also have a significant presence in the market. The information comes from XRPwallets, an account that monitors large cryptocurrency transactions.
According to the data, Binance holds 2.735 billion XRP, placing it in second place among all exchanges in terms of XRP holdings. Coinbase follows closely behind with 780.13 million XRP, securing a fifth-place position on this list.
The report also lists other major XRP holders, such as Upbit and Uphold, which hold 6.038 billion XRP and 1.907 billion XRP respectively. Bithumb is in fourth place, holding 1.635 million XRP.
It’s worth noting that Coinbase has been shocked with a massive transfer of 101,000,000 XRP to its wallet. Whale Alert, a blockchain sleuth, reported the transfer earlier today.
The report also highlights other exchanges such as Bitbank and Coincheck that are also holding substantial amounts of XRP.
Source: u.today
