I’ve been closely watching XRP lately, and something big is brewing. The supply is slowly drying up — and most people haven’t noticed it yet. Coins are quietly being taken off exchanges, and with every transaction, a small amount of XRP gets burned forever. This isn’t just noise — it’s setting up a massive supply shock.

Let me break it down for you.

XRP’s Supply Is Shrinking Fast

Every time someone transfers XRP, 0.00001 XRP is permanently destroyed. That might seem like nothing, but when millions of transfers happen, it starts to add up.

According to fresh data from CryptoQuant, Binance’s XRP holdings have dropped from 2.94 billion to around 2.86 billion just this year — that’s 82 million XRP gone. And if you include coins being moved off exchanges into private wallets, it gets even more serious.

Since January, around 183 million XRP have been quietly withdrawn from Binance alone. These aren’t small moves. This tells me people are preparing to hold for the long term — and they don’t want to risk leaving their XRP on exchanges.

The Calm Before the Storm?

When XRP recently touched $3.30 — the highest in 7 years — there was a surge of activity. Binance’s XRP wallet went above 3 billion coins. But as the hype cooled, we saw something different: people weren’t selling, they were withdrawing. Now XRP is holding steady around $2.50, and some are worried. But me? I think it’s just a pause.

What if this is the last chance to grab XRP before it becomes nearly impossible to find?

XRP ETF Could Change Everything

Here’s where it gets even more interesting.

There’s a 90% chance that we’ll see an XRP ETF approved by the end of 2025. If that happens, big institutions — banks, asset managers, hedge funds — will start pouring in. And they’ll need XRP to back it. That’s when demand could explode… and supply might simply not be there.$XRP