Exchanges Receive 309M XRP for Investment Products
Following its scheduled 1 billion XRP escrow unlock in February 2026, Ripple directed a substantial 309 million XRP to major cryptocurrency exchanges. An analysis of the outflows shows the vast majority, 300 million XRP, was sent to Binance. Smaller, yet significant, amounts were routed to Bitgo (5 million XRP) and Coinbase (4 million XRP). These transfers are designated for institutional-grade investment products, including exchange-traded products (ETPs) and trusts, signaling growing demand from sophisticated investors for regulated XRP exposure.
Ripple Channels 100M XRP to Boost Payment Utility
Separate from the exchange-bound funds, approximately 100 million XRP were routed to dedicated payment corridors. This allocation is a core component of Ripple's strategy to facilitate efficient cross-border settlements and demonstrates the ongoing operational use of the XRP Ledger. By providing liquidity for these corridors, Ripple reinforces the token's utility beyond speculative trading, aiming to solidify its role in global payments infrastructure.
Outflows Create Dueling Pressures on XRP Supply
The total tracked outbound flow of 408.8 million XRP from the unlock introduces a complex dynamic for the market. The large volume sent to exchanges increases the immediately available liquid supply, which could create short-term selling pressure. However, the dual purpose of these movements—for both institutional investment vehicles and real-world payment utility—also points to strengthening long-term demand. This balance between potential supply increase and demonstrated utility growth defines the asset's current market position.
